Karachi, PTI. The International Cricket Council (ICC) may face huge financial losses if its governing board decides to punish the Pakistan Cricket Board (PCB) for refusing to play the T20 World Cup match against India in Colombo on February 15.
According to the information, Pakistan's share in the ICC's financial cycle 2024-27 is approximately USD 144 million ($144 million), with the highest payment rate of USD 38 million ($38 million) being distributed annually to the PCB. In fact, if ICC decides to punish Pakistan for not playing matches with India, then PCB may face a big blow financially.
Pakistan will face a challenge
ICC's share in the current financial cycle is approximately 40 billion Pakistani rupees (1295 crore Indian rupees). The source said that because of these 40 billion Pakistani rupees, the PCB remains financially strong but if it faces a setback, it will mean financial challenges for Pakistan cricket.
Pakistan had received additional amount
He confirmed that Pakistan had already received a substantial share from the ICC for the 2024 T20 World Cup and last year's Champions Trophy, which it also hosted, and had received an additional six million dollars out of the total budget of $70 million for the tournament. The source said, the PCB is yet to get a part in this year's T20 World Cup and next year's 50-over World Cup and this is where the ICC can impose financial penalties.
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