"Pakistan cricket is facing a huge challenge and crisis. But I will stay on and try to improve things and put Pakistan cricket back on track," The Nation quoted Butt, as saying.
He said that the PCB would invite any foreign team to visit Pakistan only after getting firm assurance from the government on the security arrangements.
Many former Pakistan cricket players are infuriated by Butt's comments.
They said that Butt's statement indirectly is an admittance that there was security lapse which caused the attack.
"What does he mean by getting government assurances now? Does this mean the board didn't get government assurances for the Sri Lankan tour earlier," a former player said.