Board of Control for Cricket in India (BCCI) president Sourav Ganguly has claimed that the suspension of Indian Premier League's (IPL) title sponsorship with Vivo no way can be labeled as a financial crisis for the board.
The former Indian skipper also added that the suspension of the title sponsors Vivo is merely a minor blip, however, this incident cannot be termed as a financial crisis.
His remark comes right after BCCI and Vivo suspended their title sponsorship for IPL 2020 back on Thursday.
"I wouldn't call it a financial crisis. It's just a little bit of a blip. And the only way you can do it is by being professionally strong over a period of time. Big things don't come overnight. And big things don't go away overnight. Your preparation for a long period of time gets you ready for losses, gets you ready for successes," ESPNCricinfo quoted Ganguly as saying during a webinar organised by Learnflix, an education app in India.
"You keep your other options open. It is like Plan A and Plan B. Sensible people do it. Sensible brands do it. Sensible corporates do it. BCCI, it's a very strong foundation - the game, the players, the administrators in the past have made this game so strong that BCCI is able to handle all these blips," he added.
On Thursday, the BCCI and Vivo had announced the suspension of their partnership for the 2020 IPL.
There has been a huge outcry for boycotting Chinese products after 20 Indian Army personnel, including a Colonel, were killed in the violent face-off between Indian and Chinese troops in June.
The 2020 IPL will be played in the UAE from September 19-November 10 and the tournament will run for 53 days.
For the first time, the final will be held on a weekday (Tuesday).
(With ANI inputs)
