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Showing posts with the label Sell Shares of Chennai Super Kings

IPL Sponsorship: BCCI Looks To Raise Rs 300 Cr In The Middle Of Raging Pandemic

  Indian  cricket  is gearing up for a show of strength and whatever happens between now and the next 72 hours will determine the size of the game's financial muscle in the country, especially in the middle of an unrelenting  pandemic .   The  BCCI  has decided to expand its official partners in the  Indian Premier League  ( IPL ) from three to five - looking to bring two additional partners at an average commitment of Rs 40cr each - and are aiming to raise anywhere around Rs 300cr in the wake of Vivo's exit.   The cricket board is zeroing in on a "substantial deal" and could end up throwing a surprise by the end of the week where the title rights are concerned. "There's chatter about Amazon, Byju's, Dream 11 being in the race. But expect BCCI to spring a surprise," say those tracking developments.   Considering the deal will only be for a four-month window, anything in the given range will be heralded a huge victory not...