PCB to lose $85 million if it fails to host India

November 05, 2015 19:58

The Pakistan Cricket Board will lose revenues worth approximately $85 million from its long-term broadcasting deal if it fails to host India for a full series over the next three to four years.

A PCB official confirmed to PTI that the board was already looking at a estimated loss of around $70 million if India didn't play the planned series in the UAE in December.

"The situation is such that if during the duration of the four-year broadcasting deal which is worth $145 million if we don't host India at all than we lose nearly 65 per cent of the total amount which comes to around $85 million," the official said.

He said apart from this major loss of revenues the PCB had estimated earnings of around $70 million from the planned series with India in December.

« Back to LIVE

TOP STORIES

Dravid will have to reapply for Head Coach's: Jay Shah

Shah said even a foreign coach can be considered depending on the CAC's recommendations.

What You'd Want To Steal From Aaditi

The Star actor has a gutsy attitude towards fashion.

India fully withdraws soldiers from Maldives before deadline

The last batch of Indian soldiers stationed in the Maldives have been repatriated, confirmed Heena Waleed, President's Office Chief Spokesperson told Sun.mv news portal, without giving the number of Indian soldiers.

'Never Give Up Has Hit Home'

'People are saying Maidaan has changed their attitude to their lives.' 'What more can a film-maker ask for?'

Finnish phone maker HMD plans to make India its manufacturing hub

Finnish phone manufacturer Human Mobile Devices (HMD Global), which acquired the Nokia brand name from Microsoft, is planning to make India a key manufacturing hub for its phone exports. The company only began exporting late last year...