Home > News >

India-Pakistan series could help PCB earn USD 450 million

India and Pakistan have agreed to play six bilateral series © Getty Images
India and Pakistan have agreed to play six bilateral series © Getty Images

Karachi: Jul 1, 2014 

The Chairman of the Pakistan Cricket Board (PCB), Najam Sethi foresees a financial bonanza of around USD 450 million if a planned bilateral series agreement with the Board of Control for Cricket in India (BCCI) goes smoothly. Sethi told the media that if Pakistan was able to host four “home” series against India as envisaged in the agreement its earnings from the next eight-year cycle of international cricket would be around USD 450 mainly from four series with India.

Pakistan and India have signed a agreement for six series four of them to them to be hosted by Pakistan either in Pakistan or at neutral venues between the period 2015 to 2023. Analysts believe the Indians agreed to the agreement after Pakistan didn’t oppose the election of N Srinivasan as Chairman of the revamped International Cricket Council (ICC) with more powers being given to India, Australia and England.

The wholesale governance changes and new financial model, which Pakistan initially opposed, was formally endorsed at the ICC’s annual meeting in Melbourne last week. Sethi said according to rough estimates Pakistan could earn around USD 300 million from just the four series against India in the new future tours program.

“No international team has played in Pakistan since 2009 and that is a major problem for us and we need funds that is why this agreement is so important for us,” he added. Sethi also claimed that if Pakistan had not approved the radical changes in the ICC set up the PCB could have gone bankrupt in two years time and Pakistan would have stood isolated in international cricket.

Sethi said Pakistan had gained a lot from the annual ICC meeting and being included on the executive committee of the ICC for one year with the big three was a big step forward for it. “It also means that after India, England and Australia we will get the highest share of the ICC earnings which has increased significantly to around USD 150 million from roughly USD 60 million,” he stated.

Talking about the PCB move to get the ban on pacer, Muhammad Aamir reduced from five years, Sethi said the board would now move a fresh application with the ICC to allow Aamir to resume playing domestic cricket before his ban ends. “We will move the application in October when the new set of anti-corruption code is approved by the ICC committee,” he said.

Bangladesh Tour of West Indies, 2014

Sep 13, 2014 (19:30 IST)   at Gros Islet, St Lucia

World T20 League 2014

Sep 16, 2014 (16:00 IST)   at Raipur

World T20 League 2014

Sep 16, 2014 (20:00 IST)   at Raipur

World T20 League 2014

Sep 17, 2014 (20:00 IST)   at Hyderabad

World T20 League 2014

Sep 18, 2014 (20:00 IST)   at Mohali

More

World T20 League 2014

Sep 14, 2014  at Raipur

Mumbai Indians won by 9 wkts

World T20 League 2014

Sep 14, 2014  at Raipur

Northern Knights won by 72 runs

World T20 League 2014

Sep 13, 2014  at Raipur

Lahore Lions won by 6 wkts

World T20 League 2014

Sep 13, 2014  at Raipur

Northern Knights won by 7 wkts

Scotland tour of Ireland, 2014

Sep 12, 2014  at Dublin

Scotland won by 8 wkts

Photos

India tour of England 2014: Highlights

Videos

Ajmal addresses media after being suspended

West Indies in complete command of 2nd Test against Bangladesh at Gros Islet

Chennai Super Kings (CSK) in CLT20 2014 Preview: A pack of world-class players

Saeed Ajmal’s suspension: ICC catches big fish to send strong message on suspect actions

Kolkata Knight Riders in CLT20 2014: Heavyweights who stand an excellent chance of going the distance

Cape Cobras in CLT20 2014 Preview: South African unit high on quality

Bangladesh Bangladesh vs West Indies Bangladesh vs West Indies 2014 Champions League T20 2014 CLT20 CLT20 2014 Lahore Lions vs Mumbai Indians Lahore vs MI MI vs Lahore Mumbai Indians Mumbai Indians vs Lahore Lions Southern Express West Indies West Indies vs Bangladesh West Indies vs Bangladesh 2014

Kings XI Punjab mocks Delhi Daredevils on Twitter

Southern Express vs Lahore Lions Live Streaming CLT20 2014 5th Qualifying Match at Raipur

Champions League T20 Live Cricket Scorecard: Southern Express vs Lahore Lions CLT20 2014 5th Qualifying match at Raipur

Southern Express vs Lahore Lions Live Cricket Score CLT20 2014 5th Qualifying Match at Raipur

Misbah-ul-Haq retained as Pakistan’s Test and ODI skipper until ICC World Cup 2015

Dolphins in CLT20 2014 Preview: South African champions can be a surprise package

Perth Scorchers in CLT20 2014 Preview: BBL champions start as underdogs

Jonty Rhodes — what if the famous leap to run-out Inzamam-ul-Haq hadn’t come off

Hansie Cronje — once he was a harmless, carefree prankster

Champions League T20 (CLT20) 2014: Lahore Lions’ fate mimics that of Pakistan

Fan of the Day

Suraj Gowda

Suraj Gowda

635 Posts | 7 Fans

Yuvraj Singh in Anupam Kher show

Xiaomi Redmi 1S sold in seconds, fortunately Flipkart did not crash

Arnold Schwarzenegger wants to work with director Shankar!

Xiaomi Redmi 1S sold out in seconds again in third Flipkart flash sale

Intex Aqua T2 is the cheapest Android KitKat smartphone in India, priced at Rs 2,699

Fawad Khan: Aamir Khan is inspiring as a person and an actor!

Revealed — medicines for mild hypertension may not be needed

Top Oral Sex Positions: The Face Sitter

Shahid Afridi appointed captain of Pakistan T20 squad till 2016 World Cup

Also on cricketcountry.com

Play Fantasy Cricket & Win

Cash Daily! Click here