Saturday, April 20

PCB Announces Profit of 3.8 Billion Rupees for FY 2019-20

Wasim Khan. (Photo by Philip Brown / Getty Images via Popperphoto / Pottyphoto)

The PCB’s Board of Governors had their 59th high-profile meeting at the National High Performance Center in Lahore on Monday, where they came up with a major announcement. PCB BoG has approved the audited financial statements of 2019-20, which speak of a post-tax profit of 3.8 billion. The total reserves of PCBs are now around Rs 17.08 billion and this is much higher than their 2018-19 reserves.

Pakistan The Cricket Board spoke of PKR 13.28 billion in FY 2018-19. The PCB has mentioned that their audited financial statements for 2019-20 will soon be on the PCB’s corporate website. Due to the events, PCB chief executive Wasim Khan spoke openly on the matter and stated the reason for his profit.

PCB aims to touch Rs 40 million mark in near time

According to Cricket Pakistan, he informed BoG that the country’s board has exceeded the estimate of Rs 24 million by selling its domestic season list for 2020-21. Inventories for the 2020-21 season have been sold for Rs 3.4 million, an increase of Rs 11.5 million from the previous season. PCB is in the news of being the title sponsor of the Pakistan Cup, the domestic one-day tournament, and with it, they are expected to touch the Rs 40 million mark.

Recently, high officials of the country’s board expressed a desire to host high-profile events in the coming times. PCB officials had said that they would like to host the cricket world veterans, which would give their country a big boost in terms of viewership. It will also be a great scene for fans of Pakistan when they see big events in their country.

Cricket stopped for almost six months COVID-19 Outbreak, the cricket board of many countries suffered a major setback. However, action has resumed, and normalcy should return soon. After the resumption of cricket after the COVID-19 era, Pakistan played the Horns with England in the month of August-September for the Test and T20I series. They also hosted Zimbabwe at home with the series ending on Tuesday.