The most palpable tie the BCCI has with a Chinese agency is thru the IPL because the cash-rich league has Vivo, a smartphone main from China, as its title sponsor. There has been immense stress on BCCI to scrap the deal despite the fact that it runs until 2022 as per the contract. As of now, the IPL 2020 has been postponed indefinitely due to the Coronavirus pandemic. So, the IPL Governing Council on Friday (June 19) has introduced that it has known as assembly subsequent week to revisit the sponsorship offers.
Vivo had bagged the IPL sponsorship proper in 2018 for 5 years for whopping sum in extra of Rs 2000 crore. In the wake of mounting stress from all corners to snap their ties with Vivo, the IPL Governing Council, headed by former India batsman Brijesh Patel, has determined to convene a gathering subsequent week to evaluation all of the sponsorship offers.
“Taking note of the border skirmish that resulted in the martyrdom of our brave jawans, the IPL Governing Council has convened a meeting next week to review IPL’s various sponsorship deals,” tweeted the IPL which was retweeted by the BCCI.
The resolution got here a day after BCCI Treasurer Arun Dhumal mentioned Vivo will proceed as IPL sponsor in the intervening time regardless of the border skirmishes between India and China.
“When you talk emotionally, you tend to leave the rationale behind. We have to understand the difference between supporting a Chinese company for a Chinese cause or taking help from a Chinese company to support India’s cause”
“When we are allowing Chinese companies to sell their products in India, whatever money they are taking from Indian consumers, they are paying part of it to the BCCI (as brand promotion) and the board is paying 42 percent tax on that money to the Indian government. So, that is supporting India’s cause and not China’s,” Dhumal had said on Thursday (June 18).
Get breaking information alerts.
You have already subscribed