Agencies

The Governing Council of the Indian Premier League has decided to hold a meeting next week to review 'IPL's various sponsorship deals', including the one with title sponsor VIVO. The decision comes in the wake of border clashes between India and China at the Galwan valley earlier this week.

The BCCI gets INR 440 Crore annually from the mobile firm and have a five-year deal with them, signed between the two parties in 2018. It is understood that the meeting has been called to decide on whether to invoke the exit clause or honour the contract till 2022.

BCCI treasurer Arun Dhumal had earlier told PTI that though the money from Chinese sponsorship (VIVO) was helping the Indian economy, the board would always put the country first if a situation arises where a tough decision has to be taken.