ICC to Compensate PCB for Financial Losses
The International Cricket Council (ICC) has decided to grant Pakistan the hosting rights for an event to compensate for the financial losses incurred due to India’s decision not to send its team to Pakistan for the Champions Trophy. This development was discussed during a Pakistan Cricket Board (PCB) Governing Board meeting held in Islamabad under the chairmanship of Mohsin Naqvi.
PCB Governing Board Meeting Highlights
The PCB Governing Board’s meeting, chaired by Mohsin Naqvi, was a pivotal moment for Pakistan’s cricket future. Members were briefed about the latest updates regarding the Champions Trophy and associated negotiations with the ICC and the Board of Control for Cricket in India (BCCI).
Agreement Between ICC, PCB, and BCCI
Chairman Naqvi revealed that an agreement has been reached with the ICC and BCCI. The delay in announcing the Champions Trophy schedule was attributed to finalizing the terms in writing. Naqvi assured that the event’s schedule would be released within one or two days.
PCB’s Stance on Compensation
When India proposed monetary compensation for not sending its team to Pakistan, PCB rejected the idea of upholding national pride. Instead, PCB presented its own model, ensuring fair treatment. Under the proposed arrangement, both nations’ teams will not visit each other’s countries for ICC events over the next three years.
Hosting Rights for a Women’s Tournament in 2028
As part of the agreement, the ICC has awarded PCB the hosting rights for a women’s tournament in 2028. Concerns were raised during the meeting about the lack of events scheduled in Pakistan over the next three years. In response, ICC assured that an additional event would be hosted in Pakistan to offset the financial impact of India’s absence from the Champions Trophy.
Future of ICC Announcements
The PCB was informed that the ICC might limit its official announcement to the Champions Trophy for now. While there is a possibility of disclosing details of the three-year agreement, it remains uncertain.
PCB’s Strong Stand
During discussions with the ICC, PCB made it clear that failing to meet Pakistan’s demands could lead to extreme measures. However, the nature of these measures was not disclosed during the meeting.
Implications for Pakistan Cricket
The ICC’s assurance of hosting rights reflects its commitment to maintaining balance and fairness in international cricket. This move not only compensates PCB for its financial losses but also boosts Pakistan’s position as a host for major international cricketing events.
Stay tuned for updates on the Champions Trophy schedule and further developments in Pakistan’s cricketing landscape.