The Pakistan Cricket Board has decided to increase the monthly retention of its senior national teams (men and women) from the next cycle from 10 to 25 percent. The PCB will announce new central contracts for the men within a few days.
The Board of Directors of the PCB, which met virtually on Thursday, also decided that there would be equality in match fees for men. The council has always categorically awarded holders and paid match fees based on the seniority of players.
The BoG also approved an activity-based annual budget of 8.997 billion PCR for the financial year 2021-22; it includes an increase in retention, an inflationary adjustment of its staff salaries, the production cost of cricket series for homes, and COVID-19 protocols.
Expenditure on PCBs shows an increase of about 2 billion PCR compared to last year.
A statement from the board said the PCB had budgeted a total expenditure of 8.997 billion PCR for its cricket and operational activities, which revolved around local and international series by its national parties, local cricket operations, operating expenses of the newly established six Cricket Associations the Pakistan Super League (PSL), and its administrative expenses.
The BOG members were also informed that the PCB has shown interest in hosting six ICC events in the 2024-31 cycle.
Of these six events, the PCB is eager to host the ICC Champions Trophy 2025 and 2029 in three places on its own, while offering to host the remaining four events – two ICC T20 World Cups 2026 and 2028, which also eight places are. as the two ICC World Cup cricket championships for men 2027 and 2031, in partnership with other Asian countries.
The ICC’s evaluation committee will now examine the expression of interests sent by other member states before the second phase begins in September.