ICC’s new financial model

ICC's new financial model

The Pakistan Cricket Board (PCB) made an official announcement that Pakistan Cricket Board will receive more than double the revenue from the newly introduced financial model of the International Cricket Council (ICC).

The final ICC board meeting was held in Durban, South Africa and Pakistan Cricket Board (PCB) special delegation represented Pakistan in the committee meetings.

Read more | PCB unhappy with ICC

A lot of important matters were discussed in the meetings including equal prize money for men’s and women’s teams at ICC events. The meetings also include details about ICC Financial and Distribution Model for 2024-2027.

It also included amendments to the ICC Sanctioning Regulations, and modifications to over-rate sanctions in Test Cricket.

Largest Investment in Global Cricket

The International Cricket Council (ICC) also made the largest-ever investment in global cricket, offering significant opportunities for sport all around the world.

The financial distribution announced by ICC was based on off-field and on-field performances of cricket teams, cricket rankings, ICC performances and commercial contributions to events.

Pakistan Cricket Team got ranked among the top four nations in the new model making the share of revenue more than double due to the performance of tean in ICC events and bilateral cricket as well as significant commercial value attributed to its large fan base.

Read more | Chairman PCB in Dubai to solve Asia Cup Issue

During the ICC meetings, the Chairman PCB Mr. Zaka Ashraf held a lot of meetings with ICC officials and chairs of other Cricket boards to discuss collaborations and home series for cricket growth and development.

Read Previous

Former PTI, PML-N leaders join PPP

Read Next

Salman Khan against Scams