Pakistan's hosting of the Champions Trophy, often called a mini–World Cup, aimed to generate significant revenue and prestige after 29 years. However, despite their desire to host India, the anticipated fixture didn't materialize, and reports suggest the PCB incurred substantial losses.
Pakistan's Champions Trophy faced significant problems with high inflation and security issues. These problems kept spectators away, even from games not involving Pakistan. The Pakistan Cricket Board (PCB) had hoped to make a profit, especially with India's participation.
However, India refused to play in Pakistan, leading to an estimated loss of 800 crore rupees for the PCB. India's absence hurt ticket sales and advertising revenue, preventing the PCB from earning the billions of rupees they expected. The new stadium and tournament preparations, which cost hundreds of crores, became a financial burden.
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Reports indicate that the Pakistan Cricket Board (PCB) spent 851 crore rupees but only generated 52 crore rupees in revenue, leading to a significant deficit of approximately 799 crore rupees. To address this financial shortfall, the PCB is said to be reducing player salaries. The majority of matches took place in Lahore, Karachi, and Rawalpindi, while India's matches were held in Dubai. Stadium renovations in Pakistan cost 504 crore rupees, and tournament preparations amounted to 347 crore rupees. The PCB also attributes some of the revenue deficit to the Pakistani team's underperformance.
