PCB Faces Massive Financial Losses Over T20 World Cup India Match Dispute

• The Pakistan Cricket Board (PCB) could face significant financial penalties from the ICC for refusing to play India in the T20 World Cup on February 15 in Colombo.
• Pakistan's share in the ICC's 2024/27 financial cycle is approximately USD 144 million (40 billion PKR), which is crucial for PCB's financial stability.
• Broadcasters, who paid USD 3 billion to the ICC, heavily rely on Pakistan-India matches, with each game estimated to generate USD 250 million or more.
• The PCB invested 18 billion rupees in stadium upgrades for the Champions Trophy, impacting earnings, and has not yet received shares from upcoming T20 and 50-over World Cups.
• Other PCB revenue sources include USD 42 million from PSL franchise fees, national team sponsorships, and domestic cricket rights, but expenses are also substantial.