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PCB stares at loss of crores if Asia Cup is cancelled: 'Revenues from ICC and Asia Cup are very important'
Pakistan cricket could suffer a massive financial blow if the Asia Cup 2025 does not go ahead as planned in September. The Asia Cup's future has been in doubt ever since the Pahalgam terror attack in which 26 people lost their lives. The relationship between India and Pakistan further deteriorated after India retaliated with air strikes under Operation Sindoor, destroying terror camps in the neighbouring country.
Despite India and Pakistan agreeing to a ceasefire on 10 May, the situation remains tense and could spill over into cricketing matters. An example of it was seen very recently in the World Championship of Legends (WCL) 2025 tournament, where the organisers were forced to cancel the India vs Pakistan match due to outrage from Indian fans.
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PCB stares at mega loss in absence of Asia Cup
Now, a report states that the Pakistan Cricket Board (PCB) could lose 1.16 billion rupees (INR 35 crore) if the Asia Cup is not held. As per news agency PTI, the PCB is hoping to earn 8.8 billion rupees as its share of revenue from the International Cricket Council (ICC) and the Asian Cricket Council (ACC) during this fiscal year. While USD 25.9 million (approximately 7.7 billion rupees) is expected to come from ICC, PCB is hoping to make 1.16 billion rupees from the Asia Cup. They have also earmarked 7.77 million rupees from other international cricket events.
But if the tournament doesn't take place, then PCB will have to lose that money. 'The revenues from these two major sources (ICC and Asia Cup) are very important for the financial health of Pakistan cricket,' a PCB source told PTI.
The uncertainty over the Asia Cup has increased after the Board of Control for Cricket in India (BCC) refused to attend the ACC AGM in Dhaka on 24 July. Besides the BCCI, Sri Lanka, Afghanistan, Oman and a few other associate member boards are also not willing to travel to Dhaka for the meeting where Asia Cup's future is to be discussed.
The BCCI has asked ACC to change the venue of the meeting, but it is yet to receive a response. The ACC is currently headed by PCB chairman Mohsin Naqvi.
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