IPL GC Yet To Happen, BCCI Unlikely To Sever Ties If Exit Clause Favours Sponsor: Report | Cricket News

The BCCI is unlikely to sever ties with IPL title sponsors VIVO if the “exit clause” favours the Chinese cell phone firm, a senior BCCI official mentioned on Wednesday however didn’t reveal when the occasion’s much-hyped governing council assembly to evaluate this might be held. After the violent June 15 conflict in japanese Ladakh, the central authorities has banned 59 apps from China together with the controversial Tik ToOk. Soon after the June 15 incident, the BCCI had said that there could be a evaluate of the IPL sponsors.

“We still don’t know about fate of T20 World Cup, Asia Cup, so how can we just have a meeting? Yes, we need to discuss sponsorship but we never used the word cancel or terminate,” a senior BCCI official, who additionally sits in IPL GC conferences, informed PTI on circumstances of anonymity.

“We said we will review sponsorship. Review means that we need to check all the modalities of the contract. If the ‘Exit Clause’ favours VIVO more, why should we terminate a Rs 440 crore per year contract. We will only terminate if ‘Exit Clause’ favours us,” he added.

It is learnt, some BCCI officers are of the view that except VIVO backs out by itself in prevailing circumstances, the board ought to honour the rest of the contract, which ends in 2022.

Sudden termination of contract may imply that BCCI might should cough up substantial compensation.

Also, there isn’t a assure that BCCI will get a short-time matcher in such an economically hostile surroundings.

However, the likes of PayTM (with Alibaba as investor) or Dream XI, BYJUs and SWIGGY, who’ve funding from Chinese online game firm Tencent, won’t have to fret as they’re Indian entities.

“Taking note of the border skirmish that resulted in the martyrdom of our brave jawans, the IPL Governing Council has convened a meeting next week to review IPL’s various sponsorship deals,” the official IPL twitter deal with had said on Friday, June 19.

However, after practically two weeks, a gathering has not been scheduled and extra importantly, at the very least two GC members confirmed to PTI that they haven’t been informed something.

“I have called the IPL chairman (Brijesh Patel) and CEO (Rahul Johri) after I saw the tweet. But till date, I haven’t been intimated about any meeting. Possibly, they want to have a big meeting once the T20 World Cup is officially postponed,” one of many veteran GC members mentioned.

A Mumbai-only IPL?

These are early days however one of many main stakeholders of the IPL has floated the concept of “one city only tournament” in October, supplied the COVID-19 scenario is below management in Mumbai.

“It’s at a very preliminary stage but if IPL happens in India and by October, situation is under control in Mumbai, there are four top-class floodlit grounds available in Mumbai. The logistics for BCCI, broadcasters (Star Sports), maintaining a bio-bubble, everything could be managed smoothly,” one other BCCI official mentioned.

Promoted

In Mumbai, there are three grounds the place IPL has occurred — the Wankhede Stadium, Brabourne Stadium and DY Patil (Navi Mumbai). Also there’s a Reliance floor in Ghansoli, which is among the best-maintained in Mumbai the place MI have their pre-season camps.

“Obviously, everything depends on COVID situation in Mumbai. But if there are no spectators allowed and a bio-bubble is created, then Mumbai won’t be a bad option,” the official mentioned.