Cricket Association of Nepal (CAN) signed a five-year deal with Pepsi and Standard Chartered Bank for the sponsorship of the senior national team and one-day as well as Twenty20 national tournaments.
According to the deal, worth Rs. 3m, Pepsi will be the sponsor of the team while Standard Chartered will be the co-sponsor. The deal has to be renewed annually.
According to deal, Pepsi’s Nepal’s representative Varun Beverage will provide Rs. 1.2m in cash and all the kinds including clothing for the tournaments while Standard Chartered will also provide Rs. 1.2m cash.
Nepali senior cricket team was sponsored by Surya Nepal and Standard Chartered for last three years. In 2007, Pepsi sponsored U-15 National League and U-15 team.
“I wish Nepal will become a good team that we can be proud of,” Ravi Kant Tajpuriya, the chairman of Varun Beverages said after the signing ceremony.
Standard Chartered CEO Sujit Mundul said that Nepali players have talents and hoped that their support would help them to showcase their talents.
“The support of Pepsi and Standard Chartered will help for success at the time when senior team is not performing as good as junior teams,” CAN president Binaya Pandey said. “I believe Nepal can play ODI by 2015.”
Pepsi is also the official sponsor of the ICC Development Porgram under which Nepal is hosting World Cricket League Divison V tournament in February, 2010.
Photo by NepalSportsPhoto.com