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But the new sponsor also has Chinese 'shadows', according to a Mumbai-based website.
Dream11 is giving Rs 224 crore to BCCI for four months. The five-year deal with Chinese mobile phone maker Vivo in 2018 was worth Rs 2,199 crore. 400 crore per event. But Vivo withdrew from the IPL after talks with the BCCI over anti-China sentiment across India after 20 Indian soldiers were killed in a border clash with China in the Galway Valley last June.
Meanwhile, Dream11 was already an associate sponsor of the IPL. This is a fantasy game platform. The company has long had Chinese investment. Tencent, one of the world's largest video game makers, is one of its partners. This is a Chinese company.
However, according to the Times of India, the BCCI considers the Chinese partnership in Dream11 to be insignificant. They think that if it creates a problem, it can be solved through discussion.
India's anti-China sentiment has soared, with India's central government banning several Chinese smartphone apps. This includes the popular video sharing platform TikTok. Various measures are also being taken to control trade and commerce with China.
The IPL was supposed to start on March 29, but it did not happen due to the outbreak of coronavirus. IPL is one of the most lucrative competitions in the world. One of the five events that are most admired by television broadcasters at the moment is the IPL. The bulk of BCCI's revenue comes from the IPL. If not for the IPL, the BCCI would have had to count a loss of around Rs 4,000 crore. Needless to say, the amount of IPL revenue this season in the UAE is declining a lot.
