Updated March 17th 2025, 11:45 IST
ICC Champions Trophy 2025: It was a nightmare for Pakistan Cricket Board and the national team following their embarrassing loss at the marquee ICC event. Not just were the hearts of Pakistan fans hurt after the national team could not win a single game. Now, it is reported that the PCB suffered an 85 per cent loss after spending Rs 869 crore for playing just one completed home game during the tournament.
This is a huge financial setback for a country which already is facing a crisis. The Pakistan board spent PKR 18 billion (about $58 million) upgrading each of the three venues—Rawalpindi, Lahore, and Karachi. This was 50 per cent more than their budget as per a report on The Telegraph.
With the domestic National T20 championship coming up, reportedly the salaries of players have been reduced by 90 per cent and those for reserve player payments by 87.5 per cent. The players are now having to put up at budgeted hotels, which was never the case in the past. In the past, these cricketers used to stay in five-star hotels.
"The PCB had recently reduced match fees from Rs 40,000 to Rs 10,000 without any official announcement…however PCB chairman Mohsin Naqvi intervened, rejecting the decision and directing the board's domestic cricket department to reassess the matter. While the PCB has yet to officially disclose the revised amount, sources indicate it has been set at Rs 30,000 per match — Rs 10,000 less than last year," the Dawn reported.
The national cricket team of Pakistan is currently in New Zealand. The team is currently featuring in the T20Is. The hosts won the opening T20I by nine wickets.
Published March 17th 2025, 11:43 IST