The International Cricket Council (ICC) gave the greatest revenue share to the Board of Control of Cricket in India (BCCI), which collected a staggering $230 million. The sum represents about 38% of the ICC’s $600 million in total revenue. The Pakistan Cricket Board voiced dissatisfaction with its meagre 5.75% share, or $34.5 million. PCB asked inquiries regarding the mechanism of revenue distribution.
“PCB, in accordance with its constitutional right, has over the past few weeks and at the ICC Meetings, consistently sought additional information to better understand the rationale behind the allocation of weights to each of the criteria and the calculation of the distributions,” the board said in a statement which was quoted by news platform NDTV Sports.
“The PCB felt in the absence of all relevant information, data, and formulae, such a significant decision should not be taken in haste,” the statement further read.
Other members did not agree with the PCB’s suggestion to postpone the vote on approving the model until the following ICC meeting. Because of this, the ICC continued to complete the model without the required delay.
PCB expresses its disappointment.
“Ultimately, the majority of members did not find it feasible to defer this item and voted in favor of passing the Model, while the PCB recorded its dissent as a matter of principle,” the statement by PCB said.
“This increased share of revenue will mean that a far greater investment can be made in developing cricketing skills and will be beneficial in taking Pakistan Cricket to new heights,” it noted.
