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VIVO is no more the title sponsor of IPL 2020

August 5, 2020 By India People Blog
Image source: NDTV

The Chinese smartphone manufacturer, VIVO has stepped out of the IPL 2020 title sponsorship. This was due to disagreement  with India’s cricket Board. The disagreement was over an issue of discount on the sponsorship fee.Top officials of BCCI told the ET that VIVO has been demanding for a reduction in the sponsorship sum,due to Covid-19 disruption. The step has been taken in less than 48 hours after the IPL GC announced on Sunday night that the sponsors of the league are intact.

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Updated by Swarolipi Chatterjee

News Source:The Economic Times

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