ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Weather News

Rs1.08 billion spent by PCB in last three years

Karachi [Pakistan], Jan. 19 (ANI): Pakistan Cricket Board (PCB) spent Rs. 1.08 billion on promotion of the sport in the last three years, according to a report submitted in Parliament.

ANI Jan 19, 2017 11:21 IST googleads

Rs1.08 billion spent by PCB in last three years
Karachi [Pakistan], Jan. 19 (ANI): Pakistan Cricket Board (PCB) spent Rs. 1.08 billion on promotion of the sport in the last three years, according to a report submitted in Parliament. As per the report which was submitted on Tueday, the PCB generated a revenue of Rs. 10.77 billion, thereby allowing the board a profit of Rs. 9.69 billion. Earlier this month, the cricket board reviewed the audit report of the first edition of the Pakistan Super League (PSL) in its governing board meeting. According to the Express Tribune, the findings of the report showed the profit earned by PCB - estimated to be USD 2.6 million - as well as the amount handed over to the five franchises, which was worth USD 2 million, leaving the board with USD 600,000 for itself. The first edition of the PSL, held in February 2016 in the UAE, saw five franchises compete for the silverware with Islamabad United crowned as the eventual winners. However, the franchise owners had made a complaint saying that the lack of time for marketing before the event didn't allow them to generate profits. Meanwhile, a PCB report appearing in December, 2016 revealed that the board officials wasted millions of rupees on international tours, with chairman Shahryar Khan alone spending Rs. 5.5 million on 14 tours. (ANI)

Get the App

What to Read Next

Cricket

“Plan of 1.4 Billion Indians”: Gambhir hails India’s T20 WC win

“Plan of 1.4 Billion Indians”: Gambhir hails India’s T20 WC win

Indian men's cricket team head coach Gautam Gambhir hailed the team's T20 World Cup 2026 win, saying it reflected the "plan of 1.4 billion Indians" after he coached the Men in Blue to a 96-run victory over New Zealand in the final on Sunday at Ahmedabad's Narendra Modi Stadium.

Read More
Cricket

Babar Azam dropped as Pakistan names ODI squad for B'desh Tour

Babar Azam dropped as Pakistan names ODI squad for B'desh Tour

Pakistan Cricket Board (PCB) have announced a 15-member squad for the upcoming three-match ODI series against Bangladesh, according to the International Cricket Council (ICC).

Read More
Cricket

PCB slaps hefty fine on Pakistan squad after T20 World Cup exit

PCB slaps hefty fine on Pakistan squad after T20 World Cup exit

The Pakistan Cricket Board (PCB) has imposed a hefty fine of PKR 5 million (approximately US$ 18,000) on each member of the national squad following their disappointing exit from the T20 World Cup 2026.

Read More
Cricket

"Must win games reveal temperament": Tendulkar lauds India's win

Putting behind all the heartbreak and outside noise caused by a 76-run loss to South Africa at Ahmedabad, which sent their net-run-rate into negatives, Team India posted their highest T20 World Cup, stamping its authority over Zimbabwe by playing their attacking brand of cricket to its fullest potential. Despite a lack of a standout massive score by the batters, it was a change in their strike rates and the intent of attacking right from ball one which finally let over a billion fans breathe a sigh of relief.

Read More
Cricket

Markram-De Kock: Key to Proteas' success against West Indies

Markram-De Kock: Key to Proteas' success against West Indies

Not only South Africa will be aiming to continue their winning run in T20 WC to help their bid for maiden white-ball world title win on Indian soil, but a Proteas win would make the route to semifinals a little more easier for Team India, whose fortunes in the tournament took a massive dent with a loss to them at Ahmedabad by 76 runs.

Read More
Cricket

T20WC: Will India once again succumb to "slower ball trap"?

T20WC: Will India once again succumb to

While a billion of hearts will be rooting for Proteas to continue their unbeaten run against West Indies, Men in Blue would also need to do their bit of homework against this tactical trap before taking to the Chepauk field for the match.

Read More
Cricket

“I have never seen batsmen like him”: Afridi hails Brook

“I have never seen batsmen like him”: Afridi hails Brook

The 25-year-old seamer had shaken hands with Brook after taking his wicket during the match. Reacting to that gesture, Afridi said, "He deserved it because he had a world-class innings in his life. I think that was the best innings. Harry and I had a very good friendship as well. We have played together in PSL as well. He played with us for Lahore Qalandars, and I think the innings he played, you should appreciate it."

Read More
Cricket

BCB confirms schedule for Pakistan’s ODI tour of Bangladesh 2026

BCB confirms schedule for Pakistan’s ODI tour of Bangladesh 2026

The Bangladesh Cricket Board (BCB) on Friday confirmed the schedule for Pakistan's upcoming ODI tour of Bangladesh in 2026, with the three-match series set to be played in March at a single venue in Mirpur.

Read More
Cricket

“Beyond just one match”: Ishan's coach Mazumdar on IND vs PAK

“Beyond just one match”: Ishan's coach Mazumdar on IND vs PAK

Team India wicket-keeper batter Ishan Kishan's coach Uttam Mazumdar said the India vs Pakistan T20 World Cup 2026 match is significant not just for the Indian team but for the entire nation, adding that they would dedicate their performance to the 1.5 billion Indians and the soldiers who observed Black Day for the Pulwama attacks, stressing that the incident will never be forgotten and that the moment goes beyond just a single match.

Read More
Cricket

Naqvi on Pakistan's U-turn before T20 WC match against India

Naqvi on Pakistan's U-turn before T20 WC match against India

The Pakistan Cricket Board (PCB) chairman and the country's interior minister, Mohsin Naqvi, on Tuesday said Pakistan's sole aim in their boycott stand-off with the ICC was to gain Bangladesh some "respect".

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.