The International Cricket Council (ICC) financial and distribution model has been ap
proved, according to which the PCB has joined the top 4 countries in the financial model and will receive double the amount of the previous model.
The ICC Board and Committee meetings were held in Durban on the sidelines of the annual conference from 10 to 13 July. The delegation of Pakistan Cricket Board also participated in these meetings, which discussed equal prize money for male and female teams in ICC events, ICC Financial and Distribution Model 2024-27, ICC Rules and The International Cricket Council (ICC) financial and distribution model has been approved, according to which the PCB has joined the top 4 countries in the financial model and will receive double the amount of the previous model.
The ICC Board and Committee meetings were held in Durban on the sidelines of the annual conference from 10 to 13 July. The delegation of Pakistan Cricket Board also participated in these meetings, which discussed equal prize money for male and female teams in ICC events, ICC Financial and Distribution Model 2024-27, ICC Rules and Regulations. Apart from the amendment of the rules and the change in the over rate rules and regulations in Test cricket, other issues were considered.
The ICC's financial and distribution model is seen as a huge investment in global cricket and will provide tremendous opportunities for the growth and development of the game. Under this model, the basic factors that will be taken into account for distribution to ICC member countries are team performance on and off the field, world ranking, performance in ICC events and ICC events. Commercial contributions are noteworthy.
As per its constitutional right, the Pakistan Cricket Board (PCB) has been continuously demanding additional information about this financial model at ICC meetings for the past several weeks so that the allocation of money allocated to the member countries under this model can be improved. can help in better understanding of the method and its formula.
PCB felt that in the absence of all relevant information, data and formula, such a big decision should not be taken in haste. Accordingly, the PCB suggested that the matter be postponed until the next meeting of the ICC, however, the majority of the member countries did not consider it appropriate to postpone the matter and voted in favor of the approval of this financial model. . However, PCB registered its disagreement under principled position.
It should be noted that it is also prominent here that the performance of Pakistan Cricket Team in ICC events and bilateral series, Pakistan Cricket Board's extraordinary fan base and commercial value and Pakistan Cricket Board being counted among the top 4 countries in this model. Due to this, the Pakistan Cricket Board will get twice more revenue this time compared to the previous financial cycle.
The Pakistan Cricket Board says that the increase in revenue means that it will be able to invest heavily in the development of Pakistan's cricket, which will help take Pakistan's cricket to greater heights. Of course, for Pakistan and Pakistani fans. This is good news.
Apart from this, Chairman of PCB Management Committee Zaka Ashraf also held useful meetings with officials of various cricket boards during the ICC meeting in which bilateral relations and promotion of cricket were discussed.
In a meeting between Pakistan Cricket Board and Asian Cricket Council officials on Saturday, July 15, discussions were held to finalize the Asia Cup schedule, administrative matters and marketing matters.
The schedule of the Asia Cup will be announced this week itself. The Asia Cup will start from Pakistan. The Pakistan Cricket Board, the host of the event, welcomes cricket fans from all over the world to enjoy the traditional hospitality of Pakistan.. Apart from the amendment of the rules and the change in the over rate rules and regulations in Test cricket, other issues were considered.
The ICC's financial and distribution model is seen as a huge investment in global cricket and will provide tremendous opportunities for the growth and development of the game. Under this model, the basic factors that will be taken into account for distribution to ICC member countries are team performance on and off the field, world ranking, performance in ICC events and ICC events. Commercial contributions are noteworthy.
As per its constitutional right, the Pakistan Cricket Board (PCB) has been continuously demanding additional information about this financial model at ICC meetings for the past several weeks so that the allocation of money allocated to the member countries under this model can be improved. can help in better understanding of the method and its formula.
PCB felt that in the absence of all relevant information, data and formula, such a big decision should not be taken in haste. Accordingly, the PCB suggested that the matter be postponed until the next meeting of the ICC, however, the majority of the member countries did not consider it appropriate to postpone the matter and voted in favor of the approval of this financial model. . However, PCB registered its disagreement under principled position.
It should be noted that it is also prominent here that the performance of Pakistan Cricket Team in ICC events and bilateral series, Pakistan Cricket Board's extraordinary fan base and commercial value and Pakistan Cricket Board being counted among the top 4 countries in this model. Due to this, the Pakistan Cricket Board will get twice more revenue this time compared to the previous financial cycle.
The Pakistan Cricket Board says that the increase in revenue means that it will be able to invest heavily in the development of Pakistan's cricket, which will help take Pakistan's cricket to greater heights. Of course, for Pakistan and Pakistani fans. This is good news.
Apart from this, Chairman of PCB Management Committee Zaka Ashraf also held useful meetings with officials of various cricket boards during the ICC meeting in which bilateral relations and promotion of cricket were discussed.
In a meeting between Pakistan Cricket Board and Asian Cricket Council officials on Saturday, July 15, discussions were held to finalize the Asia Cup schedule, administrative matters and marketing matters.
The schedule of the Asia Cup will be announced this week itself. The Asia Cup will start from Pakistan. The Pakistan Cricket Board, the host of the event, welcomes cricket fans from all over the world to enjoy the traditional hospitality of Pakistan.
