 suffers a shocking ₹739 crore loss after hosting the ICC Champions Trophy. Poor ticket sales, massive expenses, and mismanagement left PCB financially crippled. Read how this hosting dream turned into a nightmare!){kind=link}
Lahore: The Pakistan Cricket Board (PCB) just got hit with a bouncer it didn’t see coming! After nearly three decades of waiting, Pakistan finally hosted an International Cricket Council (ICC) event—the much-anticipated Champions Trophy—but instead of celebrating, they’re left staring at a staggering loss of ₹739 crore.
In a desperate attempt to prove its credibility as a major tournament host, the PCB shelled out ₹869 crore on preparations. The result? A mere ₹52 crore in earnings from hosting fees and ticket sales. If PCB thought hosting an ICC event would fill its coffers, the financial reality has hit them harder than a toe-crushing yorker.
How Did PCB End Up in This Mess?
The losses reportedly stem from poor ticket sales, mismanagement, and excessive spending on security, infrastructure, and event logistics. With political uncertainty and travel concerns keeping international fans at bay, stadiums often looked emptier than a Test match on a Monday morning.
To make matters worse, sponsorship deals and TV rights revenue didn’t deliver the expected financial windfall, leaving PCB scrambling for answers. While other cricket boards rake in massive profits from global tournaments, Pakistan’s attempt to shine on the world stage ended in a financial disaster.
What Happens Next?
With this loss, questions are now being raised about PCB’s ability to host future ICC events, and critics are already pointing fingers at poor planning and unrealistic financial expectations. Will Pakistan learn from this or continue swinging wildly in the dark?
One thing’s for sure: This Champions Trophy wasn’t just a tournament—it was an economic nightmare for Pakistan Cricket.