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 said.
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 reported ESPNCricinfo, India would claim 38.5%, while England and Australia would pocket 6.89% and 6.25% respectively. Pakistan stands to earn 5.75% of the ICC’s projected earnings, primarily from its media rights sale.
The 12 full members of the ICC would collectively get 88.81%, 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. 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,” Najam Sethi told Reuters.
ICC announces new changes to the Playing Conditions; ‘soft signal’ rule abolished
“In principle, India should get more, there is no doubt about that but … how is this table being developed?” Sethi said.
India generates an estimated 80% of ICC revenue and Disney Star shelled out $3 billion last year to acquire the 2024-27 media rights for the Indian market.
Sethi claimed that the PCB had already questioned the ICC about how its finance and commercial affairs committee—led by Jay Shah, secretary of the BCCI—determined the share.
All nations will receive extra money, but Sethi claimed that at least two other Test playing nations were unhappy with the model and had asked for further information.
The ICC considered factors such as the performance of a country’s men’s and women’s teams and their contribution to the ICC’s commercial revenue.