The rights to the 2022 and 2023 IPL seasons are acquired by Tata Group
Undoubtedly one of the most significant corporations in the world is the Tata Group. The Tata Group is influential not only in business but also in the IPL. The fact that Tata Groups have dethroned Vivo as IPL champions in 2022 and 2023 is what makes it more exciting. This is also TATA’s greatest success because of how passionately cricket is followed in India. rajkotupdates.news : tata-group-takes-the-rights-for-the-2022-and-2023-ipl-seasons
TATA Group has been named the Indian Premier League’s headline sponsor in place of Vivo, the Chinese phone maker, according to the BCCI (body for cricket control in India). The revelation that Vivo has paid the IPL 2200 crore for the title rights to the IPL from 2018 to 2022 is alarming. However, building was interrupted for a year as a result of the conflict between Indian and Chinese soldiers in Galwan Valley.
However, as tensions subsided, Vivo was supported as the title sponsor for the year 2021, with hopes that the partnership would continue. TATa Groups, however, took its place for the 2023 IPL. TATA Groups is now in charge of the IPL 2023.
IPL Chairman Birjesh Patel verified this firing news by stating that “Vivo has exited and the Tatas will be title sponsors.” In addition to this, he told me that the letter of intent, or LOI, had also been published. The selection of the Ahmedabad team by the CVC has been authorised by the council. rajkotupdates.news : tata-group-takes-the-rights-for-the-2022-and-2023-ipl-seasons
The most intriguing element is that VIVO still has to pay Rs 454 crore in accordance with the 5-year deal even though it has backed out. The Tata Group, on the other hand, only shelled out Rs 335 crore for a single season. Stay tuned to our channel for updates!
Reference – rajkotupdates.news : tata-group-takes-the-rights-for-the-2022-and-2023-ipl-seasons
