Pakistan Cricket Board (PCB) chairman Najam Sethi has revealed that the country stands to make US$450 million over the next eight years.
Sethi also noted that most of the money will be generated from the six series against arch-rivals India.
“Until last year, we had been getting $10 million per year on average and in last seven years we got around $70 million from ICC fixtures [World Cup, Champions Trophy, etc],” Sethi said. “But now I can confirm with full confidence that Pakistan will be getting $150 million dollars in next eight-year cycle from ICC events, which is almost double the previous amount, which I think is a big achievement.
“By playing India we will be getting $300 million from just four series in [the] next eight-year cycle, according to which India will only host two series.”
However, while the PCB and Board of Control for Cricket in India (BCCI) have verbally agreed to play six series, they still need to sign documents that would make them official.
“With India, we are yet to sign a binding bankable document but we are seeking to transform the present agreement biding into a bankable binding,” Sethi said. “ICC has given us a sample draft, a sort of agreement between two boards, which will be amended accordingly.
“It was never a must to play each other and if any board pulled out of their commitment there was no penalty at all. But this time we can make it a bankable commitment.”