The big news is that VIVO has lifted the title sponsorship from the I P L. This year, you will not see V i v o’s sponsorship on I P L . VIVO has removed due to Public Sentiments .Everyone was saying that IPL should be boycotted because V I V O is a Chinese company . BCCI will float a tender in the next 1,2 days . For those who bead and who will be the biggest bead, they get title sponsorship of IPL . And it’s going to be in the 19th of September . One thing is also that V I V O is not completely removed from the IPL sponsorship . Vivo has said that this year they have had some problems in Vivo’s sale this year. For the past few months, they have not been selling V I V O for sale .
That’s why they want something cut . They want that the amount of sponsorship this time is low.
But BCCI said that this year you should not take sponsorship. This was a 5-year deal between BCCI , IPL and Vivo .This was the second year .Now if V I V O comes in I P L, it will be in 2021 and till 2023 . The deal that V I V O will not sponsor this year is for this year only.There was a deal of about 2200 crores for this 5 years, between IPL and Vivo. V I V O has given 440 to IPL. Vivo is giving 440 crore to IPL every year as IPL sponshership .
It is a matter of thinking that Vivo was giving 440 crores to IPL, will anyone else be able to give. Someone who can give 440 crores for this 53 days tournament which is happening in UAE. And we know that there is also a public sentiments that we should ban apps from China. V I V O has taken this decision himself. BCCIofficially announces that V I V O will not sponsor this year. And we know that there is also a public sentiments that we should ban apps from China. Vivo has taken this decision himself. BCCI officially announces that Vivo will not sponsor this year.