The BCCI has recently concluded the title sponsor of the 2020 season of the Indian Premier League (IPL) with the Chinese mobile company Vivo. In such a situation, BCCI is in search of a new title sponsor. Patanjali of Baba Ramdev can also bid in the race of IPL Sponsor.
“We are preparing to send a proposal to the Board of Control for Cricket in India (BCCI) by August 4,” said SK Tijarawala, spokesperson of Patanjali. The #PatanjaliIPL hashtag started trending on Twitter as soon as the news came. People have shared funny memes and jokes on Twitter, which are becoming very viral.
Significantly, the BCCI and Vivo decided to suspend their participation for the 2020 IPL on Thursday from 19 September due to the boycott of Chinese products due to the fighting on the border between India and China. She is Title sponsorship is an important part of the IPL’s business revenue, with half of it equally distributed among all the eight franchises.
Vivo had acquired IPL title sponsorship rights for five years from 2018 to 2022 for Rs 2190 crore (Rs 440 crore each year). After the departure of Vivo, companies like Jio, Amazon, Tata Group, Dream 11 and Byjus are showing interest in the race for the title sponsor of the IPL.
Let us know that the first match of the 13th season of IPL will be played on 19 September in the UAE. Fans are waiting eagerly to announce the IPL 2020 schedule.
