India to Get a New Sponsor on their Jersey
Starting in September, the Indian cricket team could have a new brand name on its jerseys. According to some sources, Bangalore-based educational technology and online tutorial company. Byju is expected to replace the Chinese brand ‘Oppo’ on the Indian cricket team’s jersey.
According to reports, the changes will be made after the end of the next India Vs West Indies tour. The series is going to begin on August 3 and ends on September 2. In the meantime, Indian cricketers will wear the same jerseys bearing the brand name. Oppo’ on them. However, before the start of the Indian tour in South Africa, Byju could take over Oppo as the team’s main sponsor.
Oppo outbid Vivo in 2017 for sponsorship fees for 1,079 crores for five years. until March 2022. But now the company has decided to take back its sponsorship rights because it now considers the value to which it acquired the rights in 2017 to be “extremely high” and “unsustainable”.
Besides, BCCI will not suffer any losses as it will continue to receive the same amount from Byju until March 31, 2022. Twitterati appreciated the decision of the cricket control board in India to replace Chinese sponsors with an Indian start-up.