PCB chief reveals losses upto $200 million due to BCCI's refusal to entertain bilateral series
Pakistan Cricket Board (PCB) Chairman Shaharyar Khan on Monday disclosed that they had incurred losses amounting to $200 million because of the Indian team not playing bilateral cricket series in Pakistan.
Karachi: Pakistan Cricket Board (PCB) Chairman Shaharyar Khan on Monday disclosed that they had incurred losses amounting to $200 million because of the Indian team not playing bilateral cricket series in Pakistan.
"I informed the BCCI representative at the International Cricket Council (ICC) meeting recently that PCB had incurred losses of around $200 million because of India's refusal to play us and these losses were mounting as the BCCI was not even honouring a legal agreement to play bilateral series between 2015 and 2023," he said.
Khan said that Pakistan was now awaiting the confirmation of the new draft constitution of the ICC, which is expected to be approved in April, to start legal process against the BCCI.
"The new draft constitution has a clause for a disputes resolution committee and once the constitution is final we intend to take our case against the BCCI first to this committee," he told reporters in Lahore.
Khan said the BCCI representative had told him in the ICC meeting that the Indian Board was willing to play with Pakistan but could not do this without first getting government clearance.
He added that the BCCI official had said that because of government non-clearance they saw the MoU not applicable as 'Force Majeure'.
"I told him that they should have thought about their government before signing the MoU which is a legal agreement as per our lawyers," he said.
"I told him that India had denied us two home series the losses of which were around $200 million," Khan added.
India has not played any bilateral cricket with Pakistan since 2007 although in the winter of 2012/13, Pakistan made a short goodwill tour to India to play a couple of limited-overs games.
India, which plays Pakistan in ICC and Asian Cricket Council events, last toured Pakistan in 2005/06 for a full Test series.
The PCB chief also said that even after the termination of the 'Big Three' system of governance and financial model, India would end up getting the biggest share from ICC earnings.
"Even under the new draft constitution India gets around 16 percent share of all ICC earnings which is higher compared to other boards. Under the Big Three formula India, Australia and England were taking home more than 50 percent of the revenues with other boards getting far less," Khan said.
"It was not an equitable system of revenue distribution and we only agreed to it because India agreed to sign the MoU and play six bilateral series with us which would have allowed us to get financially stronger."
Khan said while Pakistan led the move to end the 'Big Three' governance system and got 10 votes in support, India as expected opposed the move.
"Their representatives appointed by the Lodha Committee asked for the matter to be deferred to the next ICC meeting in April, but we pushed through the draft constitution which should be ratified in April after all Boards give their views on it and enforced by June," he said.
The Indian team was making the gesture for the first time. Players of the Pakistan team, meanwhile, too paid a tribute by holding their right hand to their heart.
Live Score India vs Pakistan Live Streaming T20 World Cup 2021: Shami’s final over also turns out to be the last over of the match as the Pakistanis finish off in style — Rizwan smacking a six and back-to-back fours to bring the equation down to single digit, followed by a single, with Babar coming back for a second to seal the deal. Pakistan thrash India by 10 wickets — the first time the Men in Blue have been handed a 10-wicket loss in Twenty20 Internationals — and end their winless run in World Cups in the process. Some emotional celebrations out there at the moment, and Pakistan deserve every bit of joy right now for the clinical manner with which they’ve gone about business today.
ICC T20 World Cup 2021 will begin with Oman taking on Papua New Guinea in Round 1 of the World Cup on 17 October.