ID :
87477
Mon, 11/02/2009 - 22:55
Auther :
Shortlink :
https://www.oananews.org//node/87477
The shortlink copeid
PCB to get USD 7-8 million more for 2011 WC shifting
Karachi, Nov 2 (PTI) The cash-strapped Pakistan Cricket
Board would receive an ancillary amount of USD seven to eight
million apart from the USD 10.5 million guaranteed as hosting
fees for shifting of 2011 World Cup matches out of the country
due to security concern.
Official PCB documents confirmed that the board, after
discussions with ICC President David Morgan, sold the rights
of the 14 World Cup matches it was to host at home to the
commercial arm of the game's world governing body - ICC
Development International (IDI).
Matches of the quadrennial tournament was shifted out of
the strife-torn country by ICC to the other co-hosts India,
Sri Lanka and Bangladesh on security ground earlier this year.
"The deal has taken place as the IDI is directly dealing
with the other three joint hosts of the tournament and because
the PCB wanted to avoid friction with the other co-hosts after
the dispute over shifting of matches," a PCB source said.
The source said PCB Chairman Ejaz Butt got the IDI and
ICC involved due to the strained relations with India, Sri
Lanka and Bangladesh over the World Cup dispute.
"The PCB feels the IDI can sublet these rights to anyone
it pleases meaning the three joint hosts," the source said.
The documents also said that the PCB provided the ICC
with estimated net revenues, which it would have earned from
ticketing, gate, hospitality and car parking had those matches
been played in Pakistan. MORE PTI
Board would receive an ancillary amount of USD seven to eight
million apart from the USD 10.5 million guaranteed as hosting
fees for shifting of 2011 World Cup matches out of the country
due to security concern.
Official PCB documents confirmed that the board, after
discussions with ICC President David Morgan, sold the rights
of the 14 World Cup matches it was to host at home to the
commercial arm of the game's world governing body - ICC
Development International (IDI).
Matches of the quadrennial tournament was shifted out of
the strife-torn country by ICC to the other co-hosts India,
Sri Lanka and Bangladesh on security ground earlier this year.
"The deal has taken place as the IDI is directly dealing
with the other three joint hosts of the tournament and because
the PCB wanted to avoid friction with the other co-hosts after
the dispute over shifting of matches," a PCB source said.
The source said PCB Chairman Ejaz Butt got the IDI and
ICC involved due to the strained relations with India, Sri
Lanka and Bangladesh over the World Cup dispute.
"The PCB feels the IDI can sublet these rights to anyone
it pleases meaning the three joint hosts," the source said.
The documents also said that the PCB provided the ICC
with estimated net revenues, which it would have earned from
ticketing, gate, hospitality and car parking had those matches
been played in Pakistan. MORE PTI