Vivo Pulls Out Of Ipl Sponsorship This Year Season …

VIVO pulls out of IPL sponsorship this year season …

Chinese mobile phone company Vivo is likely to pull out as the Indian Premier League’s title sponsor for this year and is in talks with the Indian cricket board amid Sino-India diplomatic tensions of the border.The official announcement is expected to be made by Thursday, but sources in the Board of Control for Cricket in India confirmed that Vivo will not be the title sponsor for IPL-13.

 Vivo Pulls Out Of Ipl Sponsorship This Year Season …-TeluguStop.com

In a day or two, the BCCI will be calling for new bids for the title sponsor this year.It is learned, that the BCCI officials are expected to meet today itself.

It will be a one-year pullout, which will be treated as a moratorium period, and if the relations improve, BCCI may look at inking a fresh three-year deal with the company from 2021 to 2023 on revised terms.The IPL will be held in the UAE from September 19 to November 10 this year.

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