PCB to receive huge sum of money from ICC

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PCB to receive huge sum of money from ICC

*LAHORE: Pakistan Cricket Board PCB to receive huge sum of money from ICC as annual share of revenue.*

PCB has received the first tranche of $6.5 million from ICC .

According to sources, PCB is set to receive a total sum of $11.5 million; of which $6.5 million has been submitted in the account of PCB .

The first payment would have been received in January, however the approval of 2017 and 2018 audit accounts caused delay.

Earlier, the board had sent a report to ICC following approval by the members of Governor Board of PCB in Lahore; after which the first payment has been released.

ICC shares the annual profit revenue with each member country; there is hope that the second payment will be released soon by the governing body of cricket.

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