PCB Faces Massive Financial Blow: ICC Action Looms Over Refusal to Play India

• The Pakistan Cricket Board (PCB) could incur significant financial losses if the ICC penalizes it for refusing to play a T20 World Cup match against India.
• The ICC operating board is expected to decide on potential penalties on February 15 in Colombo.
• Pakistan's share in the ICC's 2024-27 financial cycle is approximately $144 million, with an annual payment rate of $38 million.
• An insider revealed that a penalty could mean a major financial blow, potentially impacting the PCB's financial strength, which currently stands at around 40 billion Pakistani rupees from ICC shares.
• The PCB has already received substantial shares for the 2024 T20 World Cup and last year's Champions Trophy, but future shares from upcoming World Cups could be withheld as a penalty.