The Pakistan Cricket Board (PCB) has dismissed recent media reports claiming financial losses from hosting the ICC Champions Trophy 2025. Instead, the board revealed that the tournament had been highly profitable, generating an impressive INR 3 billion, with additional revenue expected post-audit.
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PCB Denies Financial Losses After Hosting Champions Trophy
Rumors had been circulating that PCB suffered massive losses from the Champions Trophy, with reports suggesting that the board spent INR 3,320 crore on stadium renovations and other preparations while earning only INR 498 crore from ticket sales and hosting fees. This allegedly resulted in a staggering loss of INR 7,445 crore.
However, PCB officials have strongly refuted these claims. During a press conference, PCB spokesperson Aamir Mir and CFO Javed Murtaza revealed that the board earned INR 3 billion from the tournament, and an additional INR 3 billion is expected post-audit.
“All expenses for the tournament were covered by the ICC. The PCB generated revenue through gate money and ticket sales. Additionally, after the audit, we expect to receive another INR 3 billion from the ICC,” Mir confirmed.
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Mohsin Naqvi’s Leadership Boosts PCB’s Financial Health
Mir also credited PCB Chairman Mohsin Naqvi for the board’s strong financial standing. He highlighted that PCB’s revenue for the 2023-24 fiscal year reached INR 10 billion, reflecting a 40% increase compared to the previous year.
To ensure full transparency, the PCB has announced that all financial details related to the tournament will be publicly available on its official website.
PCB Slashes Domestic Players’ Match Fees for National T20 Cup
Despite profitable figures from the Champions Trophy, PCB has controversially slashed domestic players’ match fees for the upcoming National T20 Cup by a staggering 90%.
According to Geo News, cricketers will now receive only PKR 10,000 per match, down from PKR 40,000. The situation is even worse for reserve players, who will be paid just PKR 5,000 per match.
This drastic pay cut comes despite successful revenue generation from the ICC event, with PCB citing financial constraints and budget restructuring as the main reasons for the move. The decision has already sparked concern and frustration among domestic players, raising questions about PCB’s financial planning and resource allocation.