PCB finally agrees to ICC revamp

“If we don’t play big teams we could be bankrupt in the next two years so we have to stay in line”

Image courtesy of: ESPNcricinfo

The Pakistan Cricket Board (PCB) have finally agreed to support the International Cricket Council (ICC) revamp.

The revamp will see a larger share of the ICC’s profits go to the Board of Control for Cricket in India (BCCI), the England and Wales Cricket Board (ECB) and Cricket Australia.

It will also see the removal of the Future Tours Programme (FTP), which will now be replaced on the basis of two cricket boards mutually agreeing when and where to hold a series.

“The decision was made after sensing an isolation,” PCB chairman Najam Sethi said. “If we don’t play big teams we could be bankrupt in the next two years so we have to stay in line and play our home series with India. Because our infrastructure is mainly run with the money generated playing international cricket, it’s very important to play India because it generate major chunk of money. We have to run our cricket and we can’t sit out being isolated. Hence we had to go with them but we signed with all legal binding documents and the details of all fixtures will be released soon.

“Since January we understand that various factors have been toned down but we lost the ground and our position was weak enough to crumble but PCB stood hard and we managed to get more than enough. I am happy that we are back in business otherwise nobody was ready to talk to Pakistan and they were chalking their own bilateral tour with the exception of Pakistan cricket.

“Now the PCB is in a position to go with a long-term deal next year and we have estimated an amount of Rs. 30 billions with our home series after every board have assured a slot in next eight-year cycle. Apart from the broadcasting rights we will be getting a share of ICC tournament profits, which has been increased from 0.3 to 1.3 per cent. So at the end of the day we have good news for our cricket.”

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