BCCI Releases IEOI for Team India Sponsorship, Restricts Bidding for Gaming, Betting, Gambling, and Tobacco Brands (Image Source: Representative Image)
The Board of Control for Cricket in India (BCCI) on Tuesday has announced the release of the Invitation for Expression of Interest (IEOI) for the National Team Lead Sponsor Rights. The move opens up the opportunity for reputable companies to bid for sponsorship of Team India, while explicitly excluding certain industries from participation.
BCCI announced that it is seeking bids from reputable companies for the National Team Lead Sponsor Rights. The IEOI contains full details on the rules for submitting and assessing bids. Companies interested in participating must pay a non-refundable fee of Rs 500,000 along with applicable GST to obtain the documents.
Bidders are required to send payment confirmation to sponsorship@bcci.tv to receive the IEOI documents. Simply buying the IEOI does not make a company eligible to bid. Only those that fulfil all the conditions outlined in the IEOI can submit a bid. BCCI reserves the right to modify or cancel the process at any time without providing a reason.
Companies involved in online gaming, betting, gambling, or similar services in India or globally are not allowed to bid. According to BCCI:
Companies managing multiple brands are not allowed to place bids in blocked or restricted brand categories. The blocked brand categories include:
Only existing sponsors in these categories may bid. Bidders cannot submit bids through surrogate brands, which means attempting to bid indirectly using another entity or name.
BCCI has prohibited brands involved in tobacco, cryptocurrency, online gaming, betting, gambling, or content considered offensive to public morals, such as pornography. Firms in these sectors are not eligible to take part in the bidding.
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