BCCI has been published an Invitation for Expressions of Interest (“IEOI”) for IPL Title Sponsorship Rights for 2020. Earlier chinees mobile company VIVO has been discontinued their contract with BCCI as a title sponsor of IPL. VIVO has a 4 Yrs of contract with BCCI for the amount of 440 crore for each year.
Reports says that current situation on the border with India and China influenced VIVO for taking this decision. Now it may be hard for BCCI to get a sponsor for a huge sponsorship amount. Indian brand Patanjali also on the picture for the title sponsorship.
