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Chinese company Vivo pulls out as title sponsor for IPL 2020 amid ongoing border row

As the BCCI and the franchises are busy preparing for IPL 2020, Vivo - the tournament's title sponsor, has pulled out of the upcoming edition.

Published: 04th August 2020 05:08 PM  |   Last Updated: 04th August 2020 05:19 PM   |  A+A A-

In 2017, Vivo acquired IPL title rights for Rs 2,199 crore for five years, which comes to Rs 440 crore annually.

In 2017, Vivo acquired IPL title rights for Rs 2,199 crore for five years, which comes to Rs 440 crore annually.

By Online Desk

With 46 days left for the 13th edition of the Indian Premier League, Vivo - the tournament's title sponsor, has pulled out of the upcoming edition.

VIVO has informed the BCCI that they would pull out as IPL sponsor this year. However, BCCI is not sure if it would get a replacement which will pay Rs 440 crore this season.