Pakistan is set to host the Champions Trophy 2025, but do you know how much money the country will get to host the mega event?
According to reports, Pakistan will get $6 million for hosting rights to the ICC Champions Trophy. Pakistan will also have to pay $1.2 to $1.3 million as a premium to the insurance company to insure the tournament. Pakistan will get more dollars from gate money and hospitality, thus deducting the insurance amount and getting about $6 million.
The ICC provides Pakistan with two instalments of $13 million from its income every year in January and July, while India gets 38 per cent of the annual share of ICC income, which is $90 to $95 million.
An important International Cricket Council (ICC) meeting will be held today regarding the hosting of the Champions Trophy scheduled in Pakistan.
A few hours before the decisive meeting for the future of the Champions Trophy, Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi was in Dubai on an emergency basis since Thursday, where he held important talks with ICC CEO Jeff Allardyce and top officials to inform them of Pakistan’s firm stance.
Naqvi made Pakistan’s position clear to the ICC that the government has banned us from the hybrid model, so India will have to come to Pakistan. If the ICC wants to move forward, it should bring a new proposal in the best interest of cricket and member countries. Discussing the hybrid model proposal with Pakistan in the meeting will be a waste of time.
Earlier, Mohsin Naqvi has made it clear to the ICC that the Pakistan Board is firm on its stance regarding the Champions Trophy and that they will bear the scars and not allow themselves to be dishonoured.
The ICC has not yet been able to announce the new schedule for the Champions Trophy due to Indian stubbornness, which is also worrying broadcasters, who fear a loss of millions of dollars.
The ICC has called a board meeting for Friday, November 29. An ICC spokesperson has confirmed that this meeting will be held online, and the agenda has been sent to all board members.
The scheduling and future of the Champions Trophy will be considered during the meeting, and various options for the Champions Trophy will be discussed.
The PCB also told the ICC that if a formula is devised to play matches with India at a neutral venue, Pakistan will never go to India to play.
On the other hand, according to a report by the cricket website Cricinfo, the option of holding the Champions Trophy in Pakistan without India may be discussed in the ICC board meeting. The choice of a hybrid model for the Champions Trophy will also be addressed, in which most of the events will be played in Pakistan, but India’s matches will be held in another country.
According to the cricket website, the board meeting will also discuss the proposal to hold the entire tournament in another country, with PCB as the host. However, the chances of a “minus India” formula are low due to commercial value.
The PCB has already discussed the “minus India” proposal based on past examples.