back to top

Trending Content:

11 Charming Small Cities in Maryland You’ll Wish to Name Residence

In the event you’re eager about shifting to Maryland,...

‘Pack of lies’: Pakistan rebuffs Indian media’s claims of Champions Trophy losses

Amir Mir, Advisor to the PCB Chairman and Javed Murtaza , Chief Monetary Officer, maintain a press convention at Gaddafi Stadium in Lahore on March 20, 2025. — PCB

The Pakistan Cricket Board (PCB) has rebuffed the Indian media claims that Pakistan suffered a lack of $85 million by internet hosting the Champions Trophy and the Inexperienced Shirts performed just one dwelling recreation within the match.

The adviser to the Pakistan Cricket Board (PCB) chairman, Amir Mir, and Chief Monetary Officer (CFO) Javed Murtaza on Thursday debunked current stories concerning the monetary elements of the ICC Champions Trophy 2025 and the alleged losses claimed by Indian media.

Mir strongly condemned the false narratives being unfold by Indian media and sure anti-Pakistan parts, emphasising that such misinformation campaigns intention to undermine Pakistan’s profitable internet hosting of the ICC Champions Trophy and create pointless controversy across the PCB’s monetary stability.

“We need to expose the propaganda of the Indian media and the anti-Pakistan elements who are running a shop of lies — unfortunately, even some Pakistani media outlets are broadcasting it,” Mir said.

Addressing monetary issues, Mir revealed that the ICC Champions Trophy is predicted to generate a revenue of three billion rupees, exceeding the preliminary projection of two billion rupees.

“The estimated profit from the ICC Champions Trophy stands at three billion rupees, surpassing the initial expectation of two billion. This revenue is generated from gate money and ground fees,” he stated.

He clarified that the PCB spent nothing on internet hosting, because the ICC lined all $70 million. A full audit is pending.

“PCB did not contribute any money for the ICC Champions Trophy; ICC covered all expenses with a budget of 70 million dollars, and a complete audit is yet to be conducted.”

Highlighting the PCB’s monetary power, Mir said that the board has already paid 4 billion rupees in taxes to the federal government whereas its funds proceed to develop.

“The PCB has paid four billion rupees in taxes to the government while its financial reserves continue to increase. The Champions Trophy was successfully organised, with all major teams playing in Pakistan,” he affirmed.

Discussing infrastructure growth, Mir praised PCB Chairman Mohsin Naqvi’s management in upgrading stadiums to worldwide requirements.

“Chairman Mohsin Naqvi took on the challenge of stadium upgrades, completing 90% of Gaddafi Stadium’s reconstruction, turning it into a valuable national asset,” he said.

Latest

Newsletter

Don't miss

What’s Due Diligence in Actual Property?

You set a proposal on a house and it’s...

The ten Most Reasonably priced Cities within the U.S. in 2025

If shopping for a house feels unimaginable, think about...

Promoting a Home With A number of Homeowners: Your Information to a Profitable Sale

Residing with somebody teaches you a large number—promoting a...

Shopping for a Home as an Single Couple: 8 Steps to Plan and Shield Your Funding

With immediately’s rising value of dwelling, extra {couples} are...

LEAVE A REPLY

Please enter your comment!
Please enter your name here