'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 Regarding the pay cuts of domestic men and women players, Mir said that chairman Naqvi has withdrawn the decision to cut their salaries.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

Rohit Sharma: Rohit stopped fans from chanting 'Mumbai cha Raja Rohit Sharma', the video went viral

Indian ODI team captain Rohit Sharma is spending time with his family these days after retiring f

Bigg Boss 19: Does Tanya Mittal get biscuits from London? The 'Bigg Boss 19' contestants revealed this.

Gwalior resident Tanya Mittal has been in the news ever since she entered the reality show "Bigg

Yamuna Floods: Yamuna below danger mark in Delhi, water level is decreasing rapidly, but there is danger of diseases.

The Yamuna River in Delhi has reached below the danger mark of 205.33 meters. Due to this, the wa

Storm and rain wreak havoc in NCR, 4 killed in Ghaziabad-Gautam Buddha Nagar.

The strong storm and hailstorm that came at 8:30 p.m. on Wednesday night caused widespread devast

ADGP Suicide: Postmortem of Puran Kumar's body begins, wife arrives at PGI with Chandigarh SSP

The post-mortem examination of the body of Haryana ADGP Y. Puran Kumar has begun. Chandigarh SSP

Murshidabad Violence: People migrating towards Jharkhand, many families stopped in Malda; taking shelter in relief camps

Several families have been displaced following protests in Murshidabad over the Waqf (Amendment)

Waqf Amendment Bill: 'No one will understand anyone's bad words or sorrows, the sky will never understand the pain of the earth', said Rijiju in Lok Sabha

Parliamentary Affairs Minister Kiren Rijiju introduced the Waqf Amendment Bill in the Lok Sabha o

BJP attacks Rahul Gandhi over Bihar voter list release, Congress also questions final list

The Bharatiya Janata Party (BJP) launched a scathing attack on the Congress and Rahul Gandhi afte

'India and Russia can sink their economy...I don't care. Trump resorted to harsh rhetoric when India remained adamant on the trade deal.

Even after the announcement of a 25 percent duty and penalty on Indian imports from August 1, 202

Mahavatar Narsimha Collection: Mahavatar Narsimha's name resounded all over the world, and the earnings on the 17th day were historic

Currently, if any film is getting a tremendous response in theatres, then it is South Cinema's my

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