Pakistan Cricket Board was left dissatisfied after ICC introduced the income share percentages of the USD 600 million pool. Notably, PCB obtained 5.75 % of the general sum which is sort of twice the quantity of their earlier share.

PCB Income share from ICC pumps nearly doubled the earlier yr

PCB Income: Pakistan Cricket Board has received 5.75 % of the general ICC income which suggests the board will earn USD 34.51 million within the 2024-27 cycle. Whereas PCB’s share grew by nearly twice the quantity it earned beforehand, the board expressed dissent on the present system that decides the share of income.

“PCB, in accordance with its constitutional proper, has over the previous few weeks and on the ICC Conferences, persistently sought further info to raised perceive the rationale behind allocation of weightages to every of the factors and the calculation of the distributions,” the board stated in an announcement.

“The PCB felt within the absence of all related info, knowledge and formulae, such a big resolution shouldn’t be taken in haste,” the assertion additional learn.

The PCB had proposed that the voting technique of the mannequin’s approval must be postponed to the following ICC assembly. Nonetheless, different members didn’t agree with the Pakistan board’s suggestion, prompting the ICC to finalise the mannequin.

Although the PCB hasn’t been in settlement with the income mannequin, PCB welcomes the truth that the board might be incomes about twice the cash it did earlier than.

“In the end, majority of members didn’t discover it possible to defer this merchandise and voted in favour of passing the Mannequin, whereas the PCB recorded its dissent as a matter precept,” the assertion added.

“This elevated share of income will imply {that a} far larger funding will be made in growing cricketing expertise and might be helpful in taking Pakistan Cricket to new heights,” it famous.

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What’s the ICC income cut up based mostly on?

As per the report, the factors for the cut up entails however is, most likely, not restricted to “cricket historical past; efficiency in each males’s and ladies’s ICC occasions during the last 16 years; contribution to the ICC’s business income; and, an equal weightage for the standing of being a Full Member.”