Home > News >

India plays part in Pakistan cricket to earn $450 million in the next eight-year cycle

Pakistan cricket will earn $450 million in the next eight years
Pakistan cricket will earn $450 million from the next eight year cycle © Getty Images

Lahore: Jun 30, 2014

Pakistan‘s cricket chief claimed his country will earn $450 million dollars from the next eight-year cycle, mainly from four series with arch-rivals India. India and Pakistan signed an agreement to play six series —  four of which Pakistan will host in the next eight years — on the sidelines of an International Cricket Council (ICC) annual conference in Melbourne last week.

The windfall for Pakistan was made possible after they conditionally agreed to approve an ICC revamp that gives major powers to cricket’s “Big Three”, India, Australia and England.

The shake-up, which Pakistan initially opposed, was formally endorsed at the meeting in Melbourne.

“We would have been left isolated and gone bankrupt in two years had we not approved the revamp,” Sethi told media on return from Australia.

“We get the most revenues when we play with India and if all goes well we are set to earn $300 million from the four series we host against India,” he said.

Sethi said Pakistan gained significantly during the ICC meeting.

“Pakistan have been included in the executive committee of the ICC for one year, with India, Australia and England as the permanent members, which means we will be at the forefront of most of the decisions,” said Sethi.

That, Sethi claimed, will get Pakistan the most funds after the Big Three.

“We will get revenues on fourth number, and I can say with confidence that in the next eight year cycle we will get $150 million dollars from the ICC,” he said — bringing the total takings to $450 million.

This compares to Pakistan receiving $10 million from the ICC per year in the last seven-year cycle, Sethi added.

The first of the series with India is scheduled for December next year, likely to be played in United Arab Emirates.

“The agreement is now on paper and I hope that the day will also come when PMs of both the countries clear it, then the two countries will also play in Pakistan. But at the moment it is not possible,” Sethi added.

International cricket in Pakistan has been suspended since March 2009 when militants attacked the Sri Lankan team bus, leaving eight people dead and seven visiting players injured.

But Sethi said there would be no compensation if India does not play due to non-clearance from New Delhi.

“There was no compensation before, there is none now. This is not the norm in mutual series when government does not give permission.”

Sethi also said banned paceman Mohammad Aamer will be able to play domestic cricket before his worldwide ban expires in August next year.

“The ICC committee will finalise changes in the anti-corruption code in October this year after which the PCB will submit an application on relaxing the ban on Aamer and in the last year of his ban Aamer will be able to play domestic cricket to get ready for the international matches,” said Sethi.

Aamer was banned for five years on charges of spot-fixing during the Lord’s Test against England in 2010. Then-Pakistan Test captain Salman Butt and Mohammad Asif were also banned for a minimum of five years in the same case.

West Indies in South Africa, 2014-15

Dec 26, 2014 (14:00 IST)   at Port Elizabeth

Sri Lanka tour of New Zealand, 2014-15

Dec 26, 2014 (03:30 IST)   at Christchurch

India tour of Australia, 2014-15

Dec 26, 2014 (05:00 IST)   at Melbourne

West Indies in South Africa, 2014-15

Jan 2, 2015 (14:00 IST)   at Cape Town

Sri Lanka tour of New Zealand, 2014-15

Jan 3, 2015 (03:30 IST)   at Wellington

More

Pakistan vs New Zealand in UAE, 2014

Dec 19, 2014  at Abu Dhabi

New Zealand won by 68 runs

India tour of Australia, 2014-15

Dec 17, 2014  at Woolloongabba, Brisbane

Australia won by 4 wkts

Pakistan vs New Zealand in UAE, 2014

Dec 17, 2014  at Abu Dhabi

New Zealand won by 7 runs

West Indies in South Africa, 2014-15

Dec 17, 2014  at Centurion

South Africa won by an innings and 220 runs

England tour of Sri Lanka, 2014

Dec 16, 2014  at Colombo

Sri Lanka won by 87 runs

Photos

India vs Australia, 2nd Test at Brisbane

Videos

Ind vs Aus: Dhoni analyses the 4-wicket loss at Brisbane

ICC World Cup 2015: England announce 15-man squad

India’s collapse against Australia on 2nd Test at Brisbane: Did the visitors really bat badly on Day 4?

India vs Australia 2014-15, Brisbane: India marks out of 10

Live Cricket Score India vs Australia 2014-15, 2nd Test at Brisbane, Day 4: Australia win by 4 wickets, take 2-0 lead in the series

Anil Kumble Australia India Moments in history Ricky Ponting South Africa

India vs Australia 2014-15, 2nd Test at Brisbane: MS Dhoni says there was miscommunication regarding Shikhar Dhawan’s injury

Alastair Cook: I’m gutted to be left out of the World Cup squad

Sourav Ganguly praises and thanks fans for their over-whelming reception to ISL

India vs Australia 2014-15, 2nd Test at Brisbane: MS Dhoni laments half of the decisions not going in their favour

Ranji Trophy 2014-15: Railways host defending champions, Karnataka at home

India vs Australia 2014-15, 2nd Test at Brisbane: Highlights

India’s collapse against Australia on 2nd Test at Brisbane: Did the visitors really bat badly on Day 4?

India vs Australia 2014-15, 2nd Test at Brisbane: Marks out of 10 for the hosts

India vs Australia 2014-15, Brisbane: India marks out of 10

Pakistan vs New Zealand 2014, 5th ODI at Abu Dhabi: Marks out of ten for the hosts

Fan of the Day

Suraj Gowda

Suraj Gowda

653 Posts | 10 Fans

India vs Australia: Murali Vijay's 144, Video highlights

प्रसिद्ध कथक नृत्यांगना सितारा देवी नहीं रही

More broadband connections to boost GDP growth in Asia Pacific: GSMA

India is becoming our largest overseas market, Xiaomi CEO Lei Jun says

Bigg Boss 8: Ali Quli Mirza, Renee Dhyani, Upen Patel, Praneet Bhatt, Sonali Raut – who should be evicted this week?

Revealed: The reason why Kishore Kumar’s biopic starring Ranbir Kapoor won’t feature Katrina Kaif!

अभिनेत्री प्रियंका चोपड़ा ने स्वच्छ भारत अभियान में हिस्सा लिया

Also on cricketcountry.com

Play Fantasy Cricket & Win

Cash Daily! Click here