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 Regarding the pay cuts of domestic men and women players, Mir said that chairman Naqvi has withdrawn the decision to cut their salaries.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

Will President's rule be imposed in West Bengal? Lawyer Vishnu Jain reached the Supreme Court after the Murshidabad violence; the hearing will be held tomorrow

Amid the ongoing violence in Murshidabad, West Bengal and the rhetoric being made on the Supreme

Rahul Gandhi vs BJP: 'Insulting the country on foreign soil is Rahul's old habit', BJP lashes out at Congress MP

BJP is on the offensive against the statement of the Leader of the Opposition in Lok Sabha Rahul

IPL 2025: Umpires started checking the size of the bat, why did BCCI implement this rule in IPL? Know more

Keeping in mind the long sixes being hit in IPL, the on-field umpires have started suddenly check

'Modi is speaking Trump's language', Congress targeted the Prime Minister; said- PM is straying from the path.

Congress has criticized Prime Minister Narendra Modi for his comments on the relevance of global

Nitin Gadkari's big announcement, electric vehicles will be available at the price of petrol cars in six months

Union Road Transport and Highways Minister Nitin Gadkari on Wednesday made a big announcement say

'We are different from Hindus', Pak Army Chief spews venom against India while issuing threats on Kashmir

Pakistan's army chief General Syed Asim Munir has made a sharp statement against India and Hindus

Will the government get relief from SC on Wakf law or will it be banned? Read what has happened in the 'Supreme' hearing so far.

The hearing on the Waqf law was held in the country's biggest court on Wednesday. It lasted about

Yogi Adityanath: 'Whoever understands in whatever language, should be explained in that language', CM Yogi Adityanath gave a big statement on bulldozer action

Uttar Pradesh Chief Minister Yogi Adityanath, while reacting to the criticism of his government's

'Modi ji you fight... we are with you', Muslim women came out in support of the Waqf Amendment Bill.

Today, the government will introduce the Waqf Amendment Bill 2024 in the Lok Sabha. Some are in f

Kunal Kamra Row: 'Unfortunate... the law must take action', CM Yogi Adityanath said on Kunal Kamra controversy

Uttar Pradesh Chief Minister Yogi Adityanath has strongly criticized the objectionable statement

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