The Board of Management for Cricket in India (BCCI) has invited third events to precise their curiosity in buying the title sponsorship rights for the 2020 Indian Premier League (IPL) to be held within the United Arab Emirates from September 19 to November 10.
In a launch, the Board said that the rights will likely be out there from August 18 to December 31, 2020. The small print concerning the rights and product classes will likely be offered solely to events who submit the Expression of Curiosity (EOI) varieties.
The Board additionally talked about that the turnover of the occasion should be over INR 300 Crores as per the newest audited accounts.
” third events (excluding advertising and marketing company / brokers) wishing to amass any of the Rights ought to submit an EOI within the method prescribed. For the avoidance of doubt, it’s clarified that advertising and marketing company / brokers are usually not eligible to bid and any bid submitted by a advertising and marketing company / agent shall be rejected on the outset,” the assertion learn.
Accordingly, the EOI ought to “point out the product class or product classes in respect of which the third occasion is of being appointed as a Title Sponsor for IPL 2020.”
Every EOI needs to be delivered by e-mail to the BCCI by 05:00 PM IST on August 14 and the ultimate bid needs to be despatched to the Board between 11 am to 01:00 PM IST on August 20.