LAHORE- Reuters/UNS :The Pakistan Cricket Board (PCB) is unhappy with the proposed new revenue distribution model for international cricket although it accepts that India, the game’s financial engine, should get the biggest share, chairman Najam Sethi told Reuters.
The International Cricket Council (ICC), the game’s global governing body, has proposed a new revenue-sharing model for the 2024-27 cycle to be voted on at its next board meeting in June.
According to figures leaked to Cricinfo, India would claim 38.5 per cent, while England and Australia would pocket 6.89pc and 6.25pc respectively. Pakistan stands to earn 5.75pc of the ICC’s projected earnings, primarily from its media rights sale.
The 12 full members of the ICC would collectively get 88.81pc, while the rest would be distributed among its 96 associate members.
“We are insisting that the ICC should tell us how these figures were arrived at,” Sethi told Reuters from London.
“We are not happy with the situation as it stands.
“Come June, when the board is expected to approve the financial model, unless these details are provided to us, we are not going to approve it.”
India generates an estimated 80pc of ICC revenue and Disney Star shelled out $3 billion last year to acquire the 2024-27 media rights for the Indian market.
Sethi said the PCB had already asked the ICC to explain how its finance and commercial affairs committee, headed by Indian cricket board secretary Jay Shah, determined the share.