Updated On: 07 August, 2020 07:29 AM IST | Mumbai | PTI

IPL 2019 Trophy
The BCCI on Thursday suspended the IPL title sponsorship deal with Chinese mobile phone company Vivo for the event's upcoming edition amid soaring Sino-India diplomatic tensions. The BCCI sent out a one-line statement, without giving any details, to say that Vivo will not be associated with the IPL this year. "The Board of Control for Cricket in India (BCCI) and vivo Mobile India Pvt Ltd have decided to suspend their partnership for Indian Premier League in 2020," the press release stated.
Vivo won the IPL title sponsorship rights for five years from 2018 to 2022 for a reported sum of Rs 2190 crore, approximately Rs 440 crore per annum. The two parties are now working out a plan in which Vivo might come back for a fresh three-year period starting 2021 on revised terms. However, a top BCCI official offered a different view.