PCB to earn USD 10 million from South Africa and Sri Lanka series

Image courtesy of: Zimbio

Pakistan will play South Africa later this month and Sri Lanka in December

The Pakistan Cricket Board (PCB) have revealed that they are expecting to earn approximately USD 10 million from their series against South Africa and Sri Lanka.

Both series will take place in the United Arab Emirates as South Africa and Sri Lanka have refused to play in Pakistan due to security concerns.

Pakistan have yet to host an international series on home soil ever since the Sri Lankan national team were ambushed by militants in Lahore in March 2009, which led to the deaths of eight locals and six players getting injured.

“Initially the PCB managed to sell the title, co-sponsor and other ground rights for around USD 1 million and 250,000 dollars,” a well-informed source said. “Then after a fair and transparent tender and bidding process it sold the media rights for the two series for a total of USD 8 million and 777,000 dollars to a Dubai-based channel and a Pakistani media group who made the highest bids.”

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