PCB dismisses India’s false financial loses propaganda

The Pakistan Cricket Board (PCB) has dismissed false propaganda spread by the Indian media about the financial aspects of the recently concluded ICC Champions Trophy 2025.

Advisor to the PCB chairman Amir Mir flanked by PCB Chief Financial Officer (CFO) Javed Murtaza held a press conference in Lahore to address rumours that the board had suffered a loss of $85 million by hosting the ICC event.

“We need to expose the propaganda of the Indian media and the anti-Pakistan elements who have been running a shop of lies. Unfortunately, even some Pakistani media outlets are broadcasting it,” Mir stated.

According to him, the board received a profit of Rs3 billion, as compared with the initial projection of Rs2 billion.

“The estimated profit from the ICC Champions Trophy 2025 stands at Rs3 billion. This revenue is generated from gate money and ground fees,” he said.

He went on to added that the board did not spend any money from its pocket, with all $70 million expenses covered by the ICC.

“PCB did not contribute any money for the Champions Trophy 2025; ICC covered all expenses with a budget of $70 million, and a complete audit is yet to be conducted,” he said.

He revealed that the PCB has paid RS4 billion in taxes to the government.

“The PCB has paid Rs4 billion in taxes to the government while its financial reserves continue to increase. The Champions Trophy was successfully organised, with all major teams playing in Pakistan,” he said.