PCB face heavy financial losses if they refuse to play India at T20 World Cup: Report
India Today
The Pakistan Cricket Board risks significant financial losses if penalised by the ICC for not playing India in the T20 World Cup. This could lead to serious financial challenges amid ongoing stadium upgrades and revenue dependencies.
The Pakistan Cricket Board (PCB) could face massive financial losses if the ICC's all-powerful governing board decides to penalise them for refusing to play the T20 World Cup match against India on February 15 in Colombo.
According to details collected by PTI, Pakistan's share in the ICC's financial cycle 2024/27 comes to approximately USD 144 million at the highest pay out rate of USD 38 million distributed to the PCB annually.
"Basically if the ICC decides to penalise Pakistan for not playing India, the PCB could take a big hit financially as the ICC share in the current financial cycle comes to approximately 40 billion PKR," an insider said.
He said that these 40 billion rupees have enabled the PCB to remain financially healthy, but if they take a hit, it will mean financial challenges for Pakistan cricket.
He confirmed that Pakistan had already received substantial shares from the ICC for the 2024 T20 World Cup and last year's Champions Trophy, which it also hosted and got an additional USD 6 million from a total budget of USD 70 million for the tournament.
The insider said the PCB had spent a lot on organising the event and in terms of gate money, sale of hospitality boxes didn't earn much.
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