PCB doesn’t like the new way the ICC makes money and wants to know why.
Pakistan Cricket Board (PCB) head Najam Sethi told Reuters that the PCB doesn’t like the new revenue-sharing plan for international cricket, even though it agrees that India, which brings in the most money, should get the most.
The International Cricket Council (ICC), which is the game’s global governing body, has suggested a new revenue-sharing model for the 2024–2027 cycle. This model will be voted on at the next board meeting in June.
Leaked numbers to Cricinfo show that India would get 38.5% of the money, while England and Australia would each get 6.89% and 6.25%. 5.75 percent of what the ICC is expected to make will go to Pakistan, mostly from the sale of its television rights.
The ICC’s 12 full members would get 88.81% of the money, and the rest would be split among its 96 associate members.
“We want the ICC to explain how they came up with these numbers,” Sethi told Reuters from London.
“We’re not happy with how things are right now.
“The board is supposed to approve the financial model in June, but we won’t approve it unless we get these details.”
India brings in about 80% of ICC’s income, and Disney Star spent $3 billion last year to buy the media rights for the Indian market from 2024 to 2027.
Sethi said that the PCB had already asked the ICC to explain how the share was decided by its Finance and Commercial Affairs Committee, which is led by Indian Cricket Board Secretary Jay Shah.
Even though every country will get more money, Sethi said that at least two other Test-playing countries were unhappy with the plan and had asked for more information.
The ICC, which looked at things like how well a country’s men’s and women’s teams did and how much money they brought in for the ICC, was not ready to comment right away.
“In theory, India should get more, that’s not in question. But how is this table made?” Sethi said.
The suggested revenue split has become a big topic of conversation in the world of cricket, which is already changing quickly because of the rise of franchise-based leagues in India.
In a column for The Times on Monday, former England captain Mike Atherton criticized the “flawed” plan, which he said would only make the game more unequal.
“If that distribution happens, the strong will get stronger, the weak will get (relatively) weaker, and international cricket will keep getting less competitive, which is in no one’s long-term interest,” Atherton wrote.