Karachi: From the World Cup 2019, PCB got one billion 15 crore rupees, despite the elimination of the team from the first round, Pakistan got a large share of the ICC profit, this amount was 14% more than the estimate. On the other hand, the board did not get the income as expected from the Sri Lanka series held this year, due to low crowd in the ODI series and one match being rained out.
According to the details, the World Cup 2019 was held in the United Kingdom from May 30 to July 14, the Pakistani team was limited to the first round, but the PCB’s treasury increased by 1115 million rupees (one billion 15 crores). The amount received from the profit share was 14% more than the board’s estimate (Rs 981 million), mainly because of the increase in the dollar rate, according to the PCB document from the International Cricket Council, usually to Pakistan. 9 to 10 million dollars annually, determined by member countries’ share of revenue.
Meanwhile, PCB’s revenue in the series against Sri Lanka was less than expected, due to low attendance and one match being affected by rain in the ODI series held in Karachi, which the host team easily won 2-0. It should be noted that earlier the accounts of the board were presented every four months, but now the administration has decided to prepare them on a monthly basis. The reports were presented in the meeting of the finance committee in the past few days, which is now presented to the governing board on Wednesday. will be placed before the members.
#World #Cup #billion #crore #profit #PCB
– 2024-04-16 16:49:46
