Pakistan Cricket Board (PCB) will obtain a much-needed inflow of cash from the sale of its worldwide broadcasting rights. PCB is predicted to generate $25 million over the following three years from broadcasting rights.
The final deal of each home and worldwide matches was for less than $55 million, however the brand new deal is value far more than that as PCB is anticipating to generate $200 million from home preparations and an extra $25 million from worldwide broadcasting rights over the course of the following three years.
PCB to Appoint A New Take a look at Captain
PCB Chairman Ehsan Mani talked about how the PCB goes to learn from such a deal.
“Quite than getting $55 million for 4 years, we’d catch round $225 million for 3 years. England, Australia, New Zealand, and South Africa groups will likely be visiting Pakistan throughout this era. Now we’re planning to get $70 to $80 million per yr reasonably $12 million per yr as was the case over the last three years,” he stated.
Mani additionally mentioned about PCB’s imaginative and prescient to popularize home cricket within the nation, as confirmed by the lately concluded Nationwide T20 Cup. He stated that PCB desires each PSL crew to have its personal large following and presence throughout digital media.
ICC Mulling Over Two Choices for Take a look at Championship Sequence Cancelled On account of COVID-19
He stated that six corporations have submitted bids for the worldwide rights of Pakistan cricket, the bids would open within the subsequent few days.
Mani additionally stated that PCB is trying to put money into district cricket and all their focus is shifted in direction of that. He stated that PCB has no plans to put money into a brand new stadium, but when the federal government needs to construct a brand new stadium in Islamabad, PCB will help them however can’t assure any monetary assist.