Sports

PCB to be richer by USD 10 million after hosting Champions Trophy

PCB denies financial losses, claims $10M profit from Champions Trophy through ticket sales and ICC revenue.

Sentinel Digital Desk

NEW DELHI: The Pakistan Cricket Board (PCB) on Thursday claimed that it is set to earn approximately USD 10 million as profit by hosting the Champions Trophy, where the Indian team emerged champion. PCB spokesperson, Aamir Mir and Chief Financial Officer (CFO) Javed Murtaza addressed media following reports that Board had suffered financial losses by hosting the ODI tournament and spending enormous amounts on upgrading stadiums in Karachi, Lahore and Rawalpindi for the event.

“All expenses for the tournament were covered by the ICC,” Mir said adding that the PCB generated revenue through gate money and ticket sales. “Additionally, after the audit, we expect to receive another Rs 3 billion from the ICC,” he added. Agencies

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