Millennium Post

PCB hopes India to play Pak in August

PCB is pinning its hopes on BCCI agreeing on play ing Pakistan, at least at a neutral venue, in August this year in order to boost its financial position. ‘In the future tours program India is supposed to tour Pakistan in August. We are hoping that even if they don’t tour (the country) for security reasons, they should at least play us at a neutral venue because we badly need revenues from this ‘home’ series,’ a source in the board said. He pointed out that when former Chairman Ijaz Butt left in 2011 there was about 4.2 billion rupees in the PCB coffers.

‘This was mainly due to an amount of USD 15 million that we received as our hosting and compensation fees from the ICC for the 2011 World Cup,’the source said. He, however added that since then while expenses of the PCB had increased, revenues had dried up particularly since international teams stopped touring Pakistan.

‘Recently the board has received USD 3 million (approximately 30 crore rupees) as its share of the last ICC T20 World Cup. But the expenses are increasing everyday. The board now has to issue fresh central contracts to the players for 2013,’ he said. The source said that expenses had increased because the board spent a lot of money supporting the regional teams in domestic cricket. ‘Lot of expenses is involved in supporting the regional teams. One example is that each player in a regional team now earns around 18,000 from a match as his fees and daily allowances.’ He said administrative expenses, which included central contracts of players, their fees and other benefits, payment to support staff, accounted for a major chunk of the annual expenses of the PCB.
Next Story
Share it