LAHORE: The Pakistan Cricket Board (PCB) on Thursday fired the reports spread by the Indian media about the financial features of the Champions Trophy 2025.
Amir Mir, consultant to the PCB chairman, and Javed Murtaza, PCB Chief Financial Officer (CFO), held a press conference in Lahore to speech the rumors that Pakistan cricket suffered a loss of $85 million by hosting the Champions Trophy 2025.
โWe need to interpretation the propaganda of the Indian media and the anti-Pakistan elements who have been seriatim a shop of lies. Unfortunately, even some Pakistani media openings are broadcasting it,โ Mir stated.
According to Amir Mir, Pakistan Cricket was expectant a profit of Rs3 billion, as compared with the initial projection of Rs2 billion.
โThe assessed profit from the Champions Trophy 2025 stands at Rs3 billion. This income is generated from gate money and ground fees,โ he said.
The PCB official went on to explain that the board did not spend any money from its pocket, with all $70 million expenses enclosed by the ICC.
โPCB did not donate any money for the Champions Trophy 2025; ICC covered all expenses with a budget of $70 million, and a complete audit is yet to be conducted,โ he said.
Calling the eight-team tournament a success, Mir revealed that Pakistan Cricket has paid Rs 4 billion in taxes to the government.
โThe PCB has funded Rs4 billion in taxes to the government while its financial funds continue to increase. The Champions Trophy was successfully organized, with all major teams playing in Pakistan,โ he said.
