Pakistan Cricket Team lost $ 85 million due to champions Trophy

Pakistan Cricket Team lost $ 85 million due to champions Trophy

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Champions Trophy PCB: Pakistan’s economy was already crispy, but PCB lost $ 85 million after hosting the Champions Trophy. In the tournament, Pakistan got only two matches and got out.

Pakistan's loss to Pakistan due to Champions Trophy, F-35 fighter aircraft comes in

Pakistan lost Rs 869 crore due to Champions Trophy

Highlights

  • Pakistan Cricket Board lost Rs 869 crore
  • Pakistan looted after hosting Champions Trophy
  • Plan to make up to the players’ pockets

New Delhi: Pakistan’s economy was already crispy, but now after hosting the Champions Trophy, its condition has worsened. By hosting the ICC tournament, the Pakistan Cricket Board has suffered so much damage as one of the world’s most expensive fighter jets could be purchased. According to reports, PCB has lost US $ 85 million (Rs 869 crore) after hosting the Champions Trophy.

Surprisingly, by eating a loss of Rs 869 crore, Pakistan was able to play only two matches in the Champions Trophy. In the opening match played in Lahore, Pakistan was trampled by New Zealand. After this, India-Pakistan collided in Dubai. Neighbors had to face their mouths in this match too. His third and last group match against Bangladesh was washed away due to rain without throwing a single ball. These two defeats dropped Pakistan out of the tournament. Therefore, with just one domestic match, his campaign also came to an end.

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According to a report by Telegraph India, Pakistan spent about 18 billion Pakistani rupees (about $ 58 million) to upgrade its three Champions Trophy Venue Venue- Rawalpindi, Lahore and Karachi. The cost of upgrading was 50 percent higher than the estimated budget. Later, the Pakistan Cricket Board also spent US $ 40 million on the preparations for the event allegedly. However, in return, his earnings were all over Chavanni.

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It is said that the Pakistan Cricket Board received only 6 million US dollars in return as a hosting fee. When it comes to ticket sales and sponsors, the earnings were negligible. The report shows that the PCB lost about $ 85 million due to hosting the ICC Champions Trophy.

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To make up for this loss, Pakistan Cricket Board is now robbing the players’ pockets. Surprising for the National T20 Championship, PCB Management has decided to reduce the match fees by 90 percent, while the reserve players cut the salary of 87.5 percent by 87.5 percent.

According to Pakistan’s news Dawn, ‘PCB recently reduced the match fee from Rs 40,000 to Rs 10,000 without any official announcement. However, PCB President Mohsin Naqvi, while intervening, rejected the decision and directed the board’s domestic cricket department to re -monitor the matter, even ordered the players to stay in an economy hotel instead of staying in Five Star Hotel.

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Pakistan’s loss to Pakistan due to Champions Trophy, F-35 fighter aircraft comes in

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