'We made a profit of Rs 280 crore', now Pakistan Cricket Board makes a big claim after the embarrassment in Champions Trophy.


Posted on 21st Mar 2025 11:19 am by rohit kumar

The Pakistan Cricket Board has claimed that it has made huge profits from hosting the Champions Trophy. The board said that it would get 10 million US dollars (280 crore Pakistani rupees) from this tournament, in which the Indian team became the champion.

 

According to PCB spokesperson Aamir Mir and Chief Economic Officer Javed Murtaza, all the expenses of the tournament were borne by the ICC. Quoting Mir, PTI said, 'All the expenses of the tournament were borne by the ICC. Apart from this, we hope to get Rs 3 billion from the ICC after the audit.'

 

PCB joins the top three

 

The PCB had initially set a target of earning Rs 2 billion from the Champions Trophy, but they were successful in exceeding it. Officials claimed that the total revenue of the PCB crossed 10 billion in the financial year 2023-24, which is 40 percent more than last year. Due to this, the PCB was able to make it to the top three richest cricket boards in the world.

 

Mir said, 'With this financial strength, PCB has made it to the top three richest cricket boards in the world. The board also paid taxes of Rs 4 crore.' Murtaza said that PCB chief Mohsin Naqvi played a major role in changing the financial target, which improved the financial performance of the board.

 

PCB will improve the condition of the stadium

 

Murtaza said, 'The remaining funds will be used to improve the condition of other stadiums including Karachi, Faisalabad and Rawalpindi. PCB had many other financial investments and the budget for upgrading the stadium was Rs 18 billion. Rs 12 billion was allocated for the first phase, out of which Rs 10.5 billion has been spent.

 

The CFO said that PCB completed major improvement works in just four months and ensured that the venues meet international standards. Regarding the pay cuts of domestic men and women players, Mir said that chairman Naqvi has withdrawn the decision to cut their salaries.

 

Regarding PCB's absence from the final stages of the ICC Champions Trophy, officials said they are still waiting for a full clarification from the ICC.

1 Like 0 Dislike
Previous news Next news
Other news

'INDIA' vs ECI: 'No permission sought yet', police on opposition alliance's march from Parliament to Election Commission

On the India Block March from Parliament to the Election Commission, the Delhi Police has said th

'If we are attacked, Pakistan will launch a nuclear attack on Israel', Iran's big claim amid tension

The tension between Iran and Israel is continuously increasing. Both countries are firing missile

IND vs BAN: Coach Gambhir's 3 words after India reached the Asia Cup final, the post is rapidly going viral

India defeated Bangladesh by 41 runs to advance to the final of the Asia Cup 2025. Bangladesh cap

Shashi Tharoor: Surrounded by his people, Tharoor got BJP's support; Rijiju said- Is it forbidden to speak for the country in Congress?

Congress MP Shashi Tharoor is facing criticism from his party these days. Union Minister Kiren Ri

In UP, the BJP has made SIR the basis of its election strategy, with MLAs and MPs given additional responsibilities.

While opposition parties are engaged in a blame game over the Special Intensive Revision (SIR) ca

IND vs ENG: 'Only on flat pitches...', what did Manjrekar say about Indian batsmen? He also spoke about Pant's injury

Former Indian cricketer and commentator Sanjay Manjrekar has praised the Indian batting in Manche

Indore Diarrhea Outbreak: 'Poison' flowed from the taps in Indore, devastating happy families; who is responsible for the 15 deaths?

Fifteen lives have been lost so far due to the contaminated water supply in Bhagirathpura. On Fri

Mustafizur IPL Row: What was Mustafizur's reaction after being dropped from the IPL? A teammate tells the story.

Tensions between India and Bangladesh have taken a new turn. The controversy escalated after Must

Dawoodi Bohra delegation met PM Modi, welcomed the Waqf law.

A delegation of the Dawoodi Bohra community met Prime Minister Narendra Modi on Thursday. The del

Bigg Boss 19: Gauhar Khan was saddened by the thinking of singer Amaal Malik, posted in support of her brother-in-law Aavez Darbar

It has been only a few days since the reality show 'Bigg Boss 19' started, but there has been a r

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash