Comment by Riaz Haq on April 27, 2018 at 3:48pm

PSL 3 brings $5 million profit for PCB, more than double of 2nd editions says Najam Sethi
The PCB chairman has reported massive profits from the recently-concluded PSL.

https://www.crictracker.com/psl-3-brings-5-million-profit-for-pcb-m...


The Pakistan Cricket Board successfully completed the third edition of the Pakistan Super League with the eliminator and the finals of the tournament in two cities of Pakistan. Through the Pakistan Super League, the PCB is trying to bring back cricket to its soil which has been stranded ever since the attack on Sri Lankan players.

Najam Sethi, the chairman of Pakistan Cricket Board (PCB) says that the tournament has been a massive success and the board is expecting to earn a revenue of around five million US dollars. Sethi was speaking to media after attending a meeting said that the third edition was bigger and better. According to Sethi while the 2nd edition brought them $2 million, the 3rd edition will give them around $5 million profit. “This time around [in the third edition], we are expecting over five million dollars as profit,” said the PCB chief.

Most matches of PSL 4 will be held in Pakistan: Sethi
Sethi has already announced that most of the matches of the 4th edition of the tournament will be held in Pakistan. “You should trust me. I do what I say. Have finished one good news and am now giving the second,” he had said ahead of the PSL 2 final in Karachi.

He also talked about the ongoing tussle with BCCI and said that they have already initiated the process of dispute resolution against the BCCI and they’re hoping to get it resolved soon. ICC has already created a 3-member bench to look into the matter.

Sethi also spoke about the selection of the Pakistani squad for the tour of Ireland and England. The cricket fans in Pakistan are venting their anger over the exclusion of Fawad Alam from the squad. Sethi said that he never interferes in the selection process. He said that selection committee is fully independent and they have professionals to take correct decisions.

Comment by Riaz Haq on August 3, 2021 at 11:42am

ICC dismisses #India’s request against #Kashmir Premier League (#KPL). #ICC’s response came after the Board for Control of #Cricket in India (#BCCI) asked the international governing body to take action against the tournament supported by #Pakistan #PCB. https://www.samaafm.com/blog/sports/icc-dismisses-indias-request-ag...

International Cricket Council (ICC) has dismissed India’s request against KPL. According to International Cricket Council, it has no jurisdiction over Kashmir Premier League (KPL), as it’s not an international cricket tournament.

ICC’s response came after the Board for Control of Cricket in India (BCCI) approached the governing body to take action against the tournament.

Caution from BCCI for the players for Kashmir Premier League
Prior, BCCI had cautioned and undermined international players partaking in the tournament that they won’t be permitted to participate in any cricketing related activities in India.

BCCI then approached ICC and asked them to drop the tournament based on matches being played in the disputed area.

The BCCI letter to International Cricket Council
BCCI in their letter to ICC asserted that Kashmir is a disputed domain; henceforth no matches in such regions ought to have ICC’s endorsement. Nonetheless, ICC doesn’t have any guidelines and regulations against matches in disputed regions. It should be noticed that India has recently played two ODIs in Srinagar, which is in Indian involved Kashmir and is a disputed region.

A domestic league on a disputed territory
Moreover, domestic leagues like KPL require endorsement from the nation’s board, which for this situation is PCB. ICC’s guideline in regards to the endorsement of an occasion, condition 2.1.3, obviously expresses that every national cricket organization will have the sole and selective right to authorize the arranging of domestic matches inside its territory. PCB has effectively approved KPL, which is planned from August 6-16, 2021, in Muzaffarabad.

Furthermore, on Friday, former South African cricketer Herschelle Gibbs had slammed BCCI for trying to stop him from participating in KPL.

“Completely unnecessary of the @BCCI to bring their political agenda with Pakistan into the equation and trying to prevent me from playing in the KPL. Also threatening me saying they won’t allow me entry into India for any cricket-related work. Ludicrous,” Gibbs tweeted.


Moreover, former England spinner, Monty Panesar, pulled out of KPL after reportedly receiving threats from BCCI. After denying him entry to India for cricket-related work in the future if he participates in the league.

“I have decided not to participate in the KPL because of the political tensions between India and Pakistan over Kashmir issues. I don’t want to be in the middle of this, it would make me feel uncomfortable,” Panesar tweeted.

Comment by Riaz Haq on September 17, 2021 at 4:16pm

PCB declares Rs.3.8 billion profit in 2019-20 fiscal year

https://cricketpakistan.com.pk/en/news/detail/pcb-declares-rs38-bil...

The PCB audited financial statements 2019-20 will be posted on the PCB’s corporate website in due course
The Board of Governors of the Pakistan Cricket Board (PCB) held their 59th meeting at the National High Performance Centre in Lahore on Monday.The BoG approved the audited financial statements 2019-20, which included an after-tax-profit of Rs.3.8 billion. The PCB reserves now stand at Rs.17.08 billion as compared to PKR13.28billion in the 2018-19 financial year.The PCB audited financial statements 2019-20 will be posted on the PCB’s corporate website in due course.Separately, PCB Chief Executive Wasim Khan briefed the BoG that the board had exceeded the Rs.24 million projections by selling the 2020-21 domestic season inventory for Rs.34 million, a rise of Rs.11.5 million from the 2019-20 season.With discussions for title sponsorship of the Pakistan Cup One-Day Tournament underway, the PCB expects to touch the Rs.40 million mark.

Comment by Riaz Haq on September 17, 2021 at 4:25pm

Pakistan Cricket Board (PCB) has annual revenue of $55 million.

https://crickettipmaster.com/richest-cricket-boards-in-the-world/

With a net worth of $2 billion (approximately 14,686.4 crore rupees in INR), the BCCI remains the world’s richest cricket board. The top three richest boards are the BCCI, CSA, and ECB. Here is a list of the revenues of the five richest cricket boards in 2021.

Cricket is one of the most well-known sports. Among the fanfare of football, rugby, tennis, and badminton, the gentlemen’s game has grown in stature and reputation around the world, with particular popularity in the subcontinent and active cricket-playing nations.

All cricket boards around the world make a lot of money when their national cricket teams play against other countries. The boards also run various cricketing leagues, the most popular of which is the Indian Premier League (IPL), which is hosted by the Board of Control for Cricket in India.

Cricket South Africa (CSA) is currently the second rank on the list, with reported revenue of $79 Million. The England and Wales Cricket Board (ECB) comes in 3rd with annual revenue of $59 Million.

Curiously, the Pakistan Cricket Board (PCB) ranks fourth on the list, with $55 Million in revenue. Bangladesh Cricket Board (BCB) is 5th on the list & earns a total of $51 Million.

Comment by Riaz Haq on September 17, 2021 at 4:33pm

In FY 2019–2020, the total annual income of BCCI is estimated to be over INR 3,730 crore (US$535 million), including INR 2,500 crore (US$345 million) from the IPL, INR 950 crore (US$139 million) from bilateral cricket with other nations, and INR 380 crore (US$51 million per year or total US$405 million for 8 years) from India's share of ICC revenue.

https://en.wikipedia.org/wiki/Board_of_Control_for_Cricket_in_India

Income

Total annual income

In FY 2019–2020, the total annual income of BCCI is estimated to be over INR 3,730 crore (US$535 million), including INR 2,500 crore (US$345 million) from the IPL, INR 950 crore (US$139 million) from bilateral cricket with other nations, and INR 380 crore (US$51 million per year or total US$405 million for 8 years) from India's share of ICC revenue.

Revenue streams

ICC income share

In 2020, as per the present eight-year Future Tours Program (FTP), India receives a total of US$405 million from ICC, as contrasted with US$139 million to ECB, while US$128 million for each of Cricket Australia, Cricket South Africa, Pakistan Cricket Board, New Zealand Cricket, Sri Lanka Cricket, Cricket West Indies and Bangladesh Cricket Board, and US$94 million for Zimbabwe.

Comment by Riaz Haq on April 9, 2022 at 9:40pm

Ramiz Raja, Chairman of the Pakistan Cricket Board (PCB), has stated that the just finished Australian tour of Pakistan brought in record-breaking revenue for the PCB. According to Ramiz, the tour was a success not just in terms of cricket, but also in terms of business, with the PCB making a profit of up to Rs. 2 billion.

https://heypakistan.org/2015-2/

The 59-year-old said that Pakistan’s recent successes, which included a historic triumph over arch-rival India in the 2021 T20 World Cup, revived the country’s supporters’ fervour, resulting in sold-out stadiums throughout Australia’s visit to the country.

“With recent strong results, our cricket team has instilled trust in the public, propelling us to new heights on a commercial level.” Only Australia’s home tour made a two-billion-dollar profit. As a result, it’s a good indicator for us moving forward,” Ramiz said.

Despite the tour’s great success, former national team captain feels there is still more work to be done. He stated that the PCB’s goal is to strengthen the country’s cricket facilities and pitches.

He stated that Pakistan’s next blockbuster season is crucial for the country, and that PCB must work tirelessly to ensure that the country’s infrastructure is up to par. This year, Pakistan will host the West Indies, England, and New Zealand, as the Men in Green prepare for their first real home season in a decade.

Comment by Riaz Haq on November 2, 2022 at 5:23pm

American Money Has Discovered Indian Cricket
Billion-dollar investment funds and N.F.L. ownership groups are among those angling for a foothold in the Indian Premier League. The returns, not the sport, are the draw.

https://www.nytimes.com/2022/11/01/sports/cricket/indian-cricket-us...

By Mike Jakeman
Nov. 1, 2022
In the decade since he founded the private investment firm RedBird Capital Partners, Gerry Cardinale has acquired stakes in sports properties as varied as Fenway Sports Group, the Yankees’ YES Network and the Italian soccer team A.C. Milan. One of his partners at RedBird, Alec Scheiner, previously worked as a vice president of the N.F.L.’s Dallas Cowboys, and later ran the Cleveland Browns.

Both men, then, are quite familiar with what a billion-dollar business looks like. The sport where they see the biggest upside these days, though, might be a surprise.

“When we first started looking at cricket, we were by no means experts,” Scheiner said. “But the more we studied it, the more we realized it felt like the N.F.L. did 20 years ago.”

That was why, in June 2021, RedBird bought a 15 percent stake in Rajasthan Royals, a team that competes in the Indian Premier League, for $37.5 million. The money that has poured into the league over the past 15 months suggests that RedBird got a bargain.

Four months after that deal closed, an I.P.L. expansion team sold for $940 million. Eight months after that, the league negotiated new television and digital broadcasting rights agreements worth $6.2 billion.

At more than $1 billion a year, that means India’s top cricket competition — a closed league with only 10 teams — now generates annual broadcast revenues on par with top leagues like the N.F.L. ($10 billion a year), England’s Premier League (about $6.9 billion) and the N.B.A. ($2.7 billion).

On a per-match basis, in fact, the I.P.L., whose season lasts only two months, now ranks behind only the N.F.L.

And suddenly a lot of people want in.

Disney and Sony were among the bidders in the broadcast rights tender last year. CVC Capital Partners, the private equity firm that used to own the Formula 1 auto racing series, just added an I.P.L. team to a portfolio that already owns interests in rugby and soccer. Among those it beat out? The American owners of the N.F.L.’s Tampa Bay Buccaneers and the English soccer giant Manchester United.

“I’m not sure even we thought there would be so much global demand for the franchises,” Scheiner said. RedBird’s $37.5 million investment has most likely quadrupled in value in just a year. And with new investors circling, most experts agree that every I.P.L. franchise is now worth at least $1 billion or more.

That there is money to be made in cricket in India is a new phenomenon. As recently as the 1990s, the sport’s governing body in India had to pay the state-owned broadcaster, Doordarshan, to show the national team’s matches. The start of the I.P.L. in 2008 changed all that. Teams in the league play Twenty20, a television-friendly, three-hour version of the game that has eclipsed the multiple-day Test match format, which had given cricket its fusty and pedestrian image. I.P.L. matches now draw domestic TV audiences of more than 200 million.

The league’s ascent has been rapid. Its architect, Lalit Modi, was a midranking executive at the sport’s governing body in India, the Board of Control for Cricket in India. He correctly spotted that Twenty20 could marry India’s love of cricket to a host of commercial opportunities, and in late 2007 he pulled off a series of unlikely negotiations to assemble a sports league from scratch.

Comment by Riaz Haq on November 9, 2022 at 5:01pm

It’s probably heresy to even think it, but could the Pakistan Super League, a six-year-old six-team domestic competition, be the world’s strongest Twenty20 nursery?


by Malcolm Knox

https://www.smh.com.au/sport/cricket/homegrown-pakistan-enter-t20-c...

Orthodox logic says no. Of course the Indian Premier League, the all-star pageant that claims to be cricket’s NBA, NFL and Champions League rolled in together, has raised the income of every participant and the standard of the 20-over format as a whole.

Innovation in cricket has been turbocharged by the IPL, where the best of the best are challenged to produce their best, under pressure, in an annual whirlwind of noise, music and dollars. If you’re not in the IPL, as Paul Keating might say, you’re camping out.

And yet the young Pakistan team, none of whom are permitted to play in the IPL, came up with another performance, this time in Wednesday’s T20 World Cup semi-final at the Sydney Cricket Ground against New Zealand, to suggest that the IPL is not, or not exclusively, where it’s at.

Whether it was Shadab Khan’s brilliant direct-hit run out of Devon Conway, the clever and varied bowling from the four-man pace attack, or the spin craft of Shadab and Mohammad Nawaz, Pakistan again proved that they play their Twenty20 cricket better than just about anyone on the globe. To cap it off, their two best-credentialed batters, openers Babar Azam (53 off 42 balls) and Mohammad Rizwan (57 off 43), finally opened the valves and set up a convincing victory. In the end, they were steered home by Mohammad Haris (30 off 26), one of their four under-23 youth picks, who has only played his cricket inside Pakistan and a mere 25 PSL games at that. On Sunday, Haris will bat at first-drop in a World Cup final.


All 11 of the star-studded New Zealand team have IPL experience; none of the Pakistanis. Due to India’s ban on Pakistan players, which has been in force since the Mumbai terrorist attacks in 2008, the IPL’s first year, Babar’s team have had to grow their T20 nous either by finding gigs in Twenty20 leagues around the world or purely inside Pakistan.

Their youngest members of the current squad possess a tiny fraction of the T20 experience of their opponents in this World Cup. A few weeks ago, in the highlight of the tournament, Pakistan outplayed India’s galacticos for 39 of 40 overs at the Melbourne Cricket Ground. Their eclipse of the Kiwis brought to mind those old rugby league games when NSW Country came to town and, on this same patch of turf, towelled up the City glamour boys. When they do get a bit more exposure to this T20 caper, Pakistan will be pretty good.

Their most effective bowlers on Wednesday were left-arm beanpole Shaheen Shah Afridi (2/24 from four overs), the evergreen Haris Rauf (0/32) and teenager Naseem Shah (0/30). Rauf has played some BBL for the Melbourne Stars, Afridi nothing outside the PSL, Naseem only PSL plus a season in the Caribbean league.

As with several of their teammates, they are IPL squillionaires only in their dreams. Without the new-ball swing they have enjoyed in other venues, they tied down the strong Kiwi top order with excellent control of their lengths, a mixture of cutters and slower balls, and game plans as precisely tailored as if they knew the batters from years in the IPL.

The fielding – also brought up almost entirely on PSL fields - was as athletic as any seen in the tournament so far. Kane Williamson (46 off 42 balls) and Daryl Mitchell (53 not out off 35) batted only as well as the Pakistanis allowed, which is to say, more watchfully than they would have wished. New Zealand kept wickets in hand but were unable to convert them into runs.

Comment by Riaz Haq on November 9, 2022 at 5:02pm

It’s probably heresy to even think it, but could the Pakistan Super League, a six-year-old six-team domestic competition, be the world’s strongest Twenty20 nursery?


by Malcolm Knox

https://www.smh.com.au/sport/cricket/homegrown-pakistan-enter-t20-c...


For a semi-final, it was surprisingly one-sided. Pakistan outclassed New Zealand as thoroughly as New Zealand had outclassed Australia here in the tournament opener last month and, like that game, this one was decided early. This coming Sunday in Melbourne, whether they end up playing IPL-rich India or IPL-rich England, Pakistan have a chance to make their point in the most definitive way.

So what gives? Pakistan won a T20 World Cup in 2009, before 13 years of IPL exclusion set in. Now they have a chance to win their second, against India or England. Does Pakistan’s quality suggest that the IPL is not quite the cut above the rest that it ought to be, or has the PSL snuck beneath world cricket’s radar to be, pound for pound and rupee for rupee, the best school for this form of cricket?

As long as India maintains its political ban on Pakistan players, the question will remain unanswered. International players, including Australians, who have participated in the PSL have been saying quietly for a few years that the cricket there is on par with the IPL. As thousands of Pakistan fans kept standing in lines outside the SCG long after the start of play can testify, they have had to learn how to wait and to be cut out of the magic circle; and while waiting, to make their sport in their own way. Once they got in, both on the field and off, they were the dominant presence.

Comment by Riaz Haq on November 10, 2022 at 8:08am

Since introduction of IPL, India have never won a T20 World Cup: Wasim Akram
Akram also raised the question that if Indian players played another overseas league in addition to the IPL, if that will make a difference in their approach.

https://indianexpress.com/article/sports/cricket/since-introduction...

After India were demolished by England by 10 wickets in their semifinal clash in Adelaide Oval, Pakistan legend Wasim Akram pointed out the fact that since the introduction of the Indian Premier League (IPL), the Men in Blue have never won a T20 World Cup.

“Everyone thought the IPL will be the big difference between India and other teams. IPL started in 2008. India won a T20 World Cup before that in 2007. Since the advent of the IPL, India have never won a T20 World Cup. They won a World Cup in 2011 but that’s 50 overs,” Akram said on A Sports.

India were eliminated from the Group stages in the last T20 World Cup in 2021 and earlier this year, they couldn’t make it to the last stages of the Asia Cup.

Akram also raised the question that if Indian players played another overseas league in addition to the IPL, if that will make a difference in their approach.

Giving is take on the matter, fellow panelist Shoaib Malik said, “Yeah it makes a difference but IPL is big enough for young players to gain that exposure. But playing in different conditions, that actually makes a difference. As a overseas player if you go and play somewhere, they put extra responsibility on your shoulders. So that what matters, where you become a good player. You think to yourself that as an overseas player, the performances I am putting in should be up to the mark. Secondly, you share dressing rooms with world class players and you learn from their work ethics. How they are so consistent so I guess there are so many elements which make a difference.”

Former Pakistan fast bowler Waqar Younis said, “When the stakes are high, the pressure is also high. I feel IPL is a mega event. There’s a lot of tings at stake. Big businessmen are involved. So it’s a huge company. When you play in a mega event like that, there’s an added pressure on you when you go to play internationally. Then when you reach the knockout stages, that burden you feel on your shoulders. It was visible here, it was visible the time they played with Pakistan in the UAE as well as the Asia Cup. They took pressure and couldn’t really move on wit the game. The freedom that they play with in the IPL, it does now show here. Rahul, Rohit, Virat, they all have centuries but today it looked like they were in a shell.”

“The biggest point, however, is that the indian batters could only take 41 runs off the England spinners, including a part time spinner in 7 overs. Nobody could really take them on. I couldn’t see any cross shots even though the boundary was not that long. They were just worried. They should thank Hardik Pandya who scored runs very quickly down the order. Without that India would ptrobably not reach even 120 runs,” he added.

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