“The Board of Control for Cricket in India (BCCI) and vivo Mobile India Pvt Ltd have decided to suspend their partnership for the Indian Premier League in 2020,” the statement said. Instead, the tournament can be rescheduled and moved outside India, “can be considered a force majeure event,” Kamath added. “The removal of material from timelines and locations due to the pandemic could be considered a force majeure event, as these could be substantial changes to the original intent of the contract. This could have led to the suspension of commitments by mutual agreement. The PTI added that BCCI was already in talks with “a few Indian companies” on entry as title sponsor for this year, but noted that it was unlikely that the organization would be able to secure an agreement worth up to 400 ($59 million) of Vivo`s annual commitments. In 2018, Vivo acquired the IPL title sponsorship for a period of five years, promising to pay nearly 440 kronor per year to the BCCI. The agreement was that the IPL would be held annually in India at the March-May window, which should give sponsors a high return due to the high number of spectators during the summer months. The sports star understands that BCCI`s top office managers – President Sourav Ganguly and Secretary Jay Shah – held a conference call tuesday with Vivo representatives with IPL President Brijesh Patel. The two parties would have agreed to terminate the contract by mutual agreement. Dream11 has become from 2019 the official fantasy game manager IPL. Harish Bijoor, brand strategist and founder of Harish Bijoor Consult, said that the release of Vivo, if true, is a smart move. On 19 June, the IPL`s official grip tweeted: “In the face of the border turmoil that led to the martyrdom of our brave Jawans, the IPL Governing Council convened a meeting next week to check on the various IPL sponsorship agreements.

As early as Monday, the All India Traders` Confederation (CAIT), which is leading a boycott of Chinese products, had criticized BCCI`s decision to retain the Chinese company VIVO as the title sponsor of the IPL. Although none of the BCCI was available for an official statement, a Vivo India spokesperson said the company “has not yet commented on the matter.” Read more IPL franchises agree on 40 6 days to reach Dubai The game is not limited to cricket – fantasy teams can also be built for football, basketball and baseball. IPL 2020:BCCI, Vivo suspend IPL partnership for one year; can resume in 2021 Get the latest cricket updates, Live-Ticker, Top Sport News, Match-Highlights of Cricket, football, tennis and other sports on TimesNow Chinese mobile phone manufacturer Vivo is supposed to be the sponsor of this year`s Indian Premier League (IPL) just days after the Board of Control for Cricket in India (BCCI) proposed to keep its sponsorship line for the T20 tournament unchanged.