According to numerous reports, Oppo, the Chinese smartphone brand are working to cancel out their sponsorship deal with the Men In Blue.
This is set to create a vacancy for Team India to bring in a new head sponsor for next year. Oppo allegedly decided to approach the BCCI (Board of Control for Cricket in India) to dissolve their current contract between them.
In 2017, BBK Industries owned OPPO, agreed to a deal to become sponsors of the Indian cricket side. There were a lot of controversies over this Chinese company becoming the sponsors of one of the country’s biggest sporting outfit due to India sharing a competitive relationship with China.
According to the report by InsideSport, a digital tech start-up apparently agreed on a deal in principle to replace Oppo as Team Indian's shirt sponsor. But, the deal is yet to be officially confirmed.
OPPO's deal with Team India in 2017:
Mobile manufacturing company OPPO replaced broadcasting giants Star India as the official sponsor of the Indian cricket team on April 1, 2017, after winning the bid with a mind-boggling sum of Rs 1,079 crore.
It was clarified that the bid was for all Indian teams, including women's and juniors. The team sponsor got its commercial logo on both the men's and women's kits.
