Skip to main content

What will happen if BCCI break the deal with VIVO?

When border is boiling Indian people lead the campaign of boycotting the Chinese products throughout the nation. Adding to that, Indian government banned more than 80 Chinese Apps including Tik Tak and UC. 

Indians are united against Chinese attitude after Galwan valley episode. But BCCI can’t able to understand the layman’s agony and frustration on China. It decided not to drop VIVO sponsor for IPL. BCCI decision triggers outrage in India. VIVO is Chinese Smartphone company sponsored IPL since 2018.

Indian Premiere League (IPL) is the biggest festival for Indian cricket fans and at the same time IPL is biggest money spinner for BCCI. It earned around $93 million from IPL sponsorships. VIVO paid $58 million for 2018 IPL title rights. BCCI total profit from 2018 IPL comes around $265 million. Of Course! The money didn’t go to BCCI pocket directly. It is distributed among 8 franchises in IPL. VIVO penned with BCCI for sponsorship rights for 5 years since 2018. Indian cricket fans and other politicians feel sad on BCCI decision on VIVO. Indian fans created the hashtag like #BoycottIPL in social media and lashed out BCCI attitude.

Fans remember that BCCI stopped to play with Pakistan when the situation in border was grim. BCCI also not allowed PAK players into IPL. Since 2017, it also imposed ban on commentators from PAK. Why BCCI not apply same rule with China sponsors? If BCCI wants to break the contract with VIVO it has to paid $300 million to VIVO which would have been costly to BCCI. In addition to that, BCCI should also face legal challenges from VIVO. It’s all about money that stopped BCCI to break the deal with VIVO. It’s very difficult to get another sponsor like VIVO for BCCI. It has more than 5K crores as per 2018 Balance Sheet and 2K crores in the form of Fixed Deposits. Will the richest cricket body defy Indians for a few million dollars from China?

Labels:

Comments

Post a Comment

Popular posts from this blog

Photo : Savitri during her last days

Even after 4 decades of her death, people are very much interested to watched her (Savitri) biopic. Mahanati turned to be stupendous success. On eve of remembering Savitri, here we posted Savitri photo. The photo seems her last days. The man stand behind Savitri is Gemini Ganeshan who married Savitri. It seems that she suffered bad days during her last days.
Post a Comment
Read more

Difference between DELETE and TRUNCATE

This is the common interview question for every SQL Developer and DBA position. DELETE TRUNCATE DML (Data Manipulation Language) Command. DDL (Data Definition Language) Command. It can be rollback. It can't be rollback. Using DELETE we can remove some or all records from the table. We can use WHERE clause with it. Using TRUNCATE we can remove all records from the table at once. We can't use WHERE clause with it. DELETE command is slow in performance. TRUNCATE command is super faster in performance. All deleted Triggers fire on DELETE command. No Trigger can be fired on TRUNCATE command. DELETE can't reset high water mark. TRUNCATE can reset high water mark. DELETE can't release the space from the table. TRUNCATE can release the space from the table.
Post a Comment
Read more

Producers demand 18 crores for Ceded for Pavan and Trivikram film

Director Rajamouli showed the path to all other producers on how to sell product (movie) in different ways across the word. Telugu Cinema has vertically divided in two ways Before and after Bahubali. Bahubali proves that there were no boundaries in selling the movie. Other producers who are doing with star heros like Pavan, Mahesh and Jr. NTR will follow Rajamouli in this regard. But there is slight difference with Bahubali and other heros films. Unfortunately, producers and distributors fail to notice the gap. Bahubali is universal movie which was apt to all sections in the world. That is the reason for getting huge collections across the world. We didn't expect the same situation for Prabas's next movie even though his popularity increased with Bahubali. Radha Krishna who produced movies like Julayi and A. AA.. will plan to produce next film with Pavan and Trivikram. Movie was not yet started but distributors rushed toward producer for getting area-wise rights.Obviously, ...
Post a Comment
Read more