New Delhi: The 13th edition of the Indian Premier League (IPL 2020) is facing all kinds of troubles. The league is now facing another pullout by the Central Sponsor. According to the BCCI sources, Future Group who was one of the associate central sponsor for the league has pulled out from the IPL 2020 at a very last minute.
According to the sources Future Group has pulled out of the IPL Sponsorship deal. Future Group was associated with IPL for the last 5 years. The IPL official website has also removed the logo of Future Group from the official sponsors list.
Future Group was paying 28Cr for the Central Sponsorship of IPL every year. Their were talks during the IPL 2019 as well that the Future Group is looking to exit the league but they continued with the sponsorship during IPL 2019. Future Group has been badly hit by the Covid-19 and they decided to pull the plug finally just 3 weeks before the league is suppose to start on September 19th