Pakistan cricket Board faces 739 crores loss..!?

The pakistan cricket Board has accepted the 2025 Champions Trophy series. Since it is an international cricket series to be held on Pakistani soil after about 29 years, it planned to make grand arrangements for this. The pakistan cricket Board spent about 869 crores on this series. pakistan received the license to host this series in 2021. Since then, work has started on the reconstruction of three cricket stadiums in Pakistan. 560 crores were spent on that alone. It was planned to host the 2025 Champions Trophy matches in three stadiums - Karachi, Lahore, and Rawalpindi. A total of 560 crores were spent on those three stadiums. But this was 50 percent more than they had planned.
 Apart from this, 347 crore rupees were spent on the preparations for this series. We can take only these 347 crore rupees as a reasonable cost for this series. But despite pouring so much money, the international cricket Council has given only 52 crore rupees as income to the pakistan cricket Board, which hosted this series. The pakistan cricket Board had signed the related agreements before India's Jay Shah was appointed as the president of that organization. Therefore, no criticism can be made against Jay Shah in this matter. According to the previous agreement, the pakistan cricket Board has received only 52 crores in total, including the fee for hosting this series and the ticket sales revenue. Due to this, the pakistan cricket Board has faced a loss of about 739 crore rupees. This is seen as a huge loss that no one expected.

 The cruel thing is that to make up for this loss, the salaries of the players playing domestic cricket in pakistan have been cut. The pakistan cricket Board has cut 90 percent of the salaries of Pakistani players playing domestic cricket. Moreover, it has been said that substitute players who have not played in the matches will now be paid only 12.50 percent of the salary paid so far. This means that if a substitute player was previously paid Rs 1000 per match, he will now be paid only Rs 125. Also, players playing in Pakistan's domestic cricket matches will no longer be provided with rooms in comfortable hotels. They will now have to stay in ordinary hostels. While criticism is already being raised that the domestic cricket infrastructure in pakistan is very poor, pakistan has made the domestic cricket system even weaker by preparing international-standard stadiums.
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Sowmiya Sriram

17/03/2025 09:00 PM