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  1. Pakistan Cricket Board is set to demand whopping $70 million from BCCI; here is why

Pakistan Cricket Board is set to demand whopping $70 million from BCCI; here is why

The board is expected to file its claim with the disputes resolution committee of the International Cricket Council (ICC) in a few days.

By: | New Delhi | Published: September 30, 2017 8:10 PM
 BCCI, PCB, PCB BCCI, BCCI PCB, pakistan cricket board, PCB compensation BCCI, BCCI compensation PCB, India pakistan cricket series BCCI had in 2014 signed a Memorandum of Understanding (MoU) which stated that the two arch-rivals will play six bilateral series between 2015 and 2023.

The Pakistan Cricket Board (PCB) is all set to make a demand of $70 million from the Board of Control for Cricket in India (BCCI). The Pakistani board will demand this money as compensation for not playing two “home” bilateral series. As per ANI sources, the board is expected to file its claim with the disputes resolution committee of the International Cricket Council (ICC) in a few days. BCCI had in 2014 signed a Memorandum of Understanding (MoU) which stated that the two arch-rivals will play six bilateral series between 2015 and 2023. As per this agreement, India was scheduled to play six series against Pakistan and four of them were going to be on latter’s soil.

ANI reports that PCB wants the Indian cricket board to honour its commitment under the MoU signed, however, latter has repeatedly snubbed Pakistan’s request for resumption of ties. This is obvious because any bilateral series with Pakistan is subjected to clearance from the Government of India. Islamabad was likely to generate mammoth revenue in these eight years from hosting India.

However, BCCI denied playing the series in wake of tensions between the two countries, virtually causing huge financial losses to PCB. Earlier this year, BCCI had rejected the PCB’s demand for compensation for not honouring the MoU. BCCI had said that MoU was not binding and also raised the issue of security problems in Pakistan. The Pakistan cricket board had also sent a legal notice to its Indian counterpart for failing to honour the MoU.

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