https://youtu.be/Twax0o9ZIfo

The Board of Cricket Control in India on Friday stated that they will run a review on Indian Premier League’s sponsorship deals in a meeting which will take place next week, after 20 Indian soldiers were killed in a clash with Chinese troops in Ladakh.

After this incident a lot of people started campaign around the country for boycotting Chinese goods. Now in the meeting IPL Governing Council will review the yearly 440 crore title sponsorship deal with Vivo.The mobile phone manufacturers retained the title sponsorship rights for the IPL for a five-year period starting from 2017. Vivo’s winning bid of Rs 2,199 crore was far higher than the next best one – Rs 1,430 crore from competitor Oppo.

“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 league said on Friday.

https://twitter.com/IPL/status/1274027565926060034

Apart from Vivo, PayTm is also one of the sponsors. The company has Alibaba as one of its investors. It is understood that discussion will be on whether to invoke the exit clause or honour Vivo’s contract till 2022, reported PTI.

BCCI treasurer Arun Dhumal had told PTI that while money from Chinese sponsorship is helping Indian economy, if there is a situation where a decision needs to be taken, they would always put country first.

“When you talk emotionally, you tend to leave the rationale behind. We have to understand the difference between supporting a Chinese company for a Chinese cause or taking help from Chinese company to support India’s cause,” Dhumal had told PTI on Friday.

“When we are allowing Chinese companies to sell their products in India, whatever money they are taking from Indian consumer, they are paying part of it to the BCCI (as brand promotion) and the board is paying 42% tax on that money to the Indian government. So, that is supporting India’s cause and not China’s,” he had added.