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PCB receives first installment of Abu Dhabi series revenue

Written by: Staff
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Lahore, Apr 26 (UNI) The Pakistan Cricket Board (PCB) has received a cheque of 7.5 million dollars for the President's Earthquake Relief Fund from the organisers of the two-match series against India in Abu Dhabi and the PCB is expecting an additional 5.5 million dollars after the final auditing of the expenses.

''We've got a cheque of 7.5 million dollars towards the President Relief Fund for the earthquake victims in Pakistan. But our final share of the series will only be known and received after the expenses of the series are audited,'' Director Cricket Operations PCB Saleem Altaf was quoted by ''The News'' as saying.

The PCB and the BCCI had originally worked out a 75:25 revenue sharing arrangement for the two matches played last week but later decided to share the earnings equally after paying the Abu Dhabi Cricket Council, a fee of one million dollars for developing the game in the country.

The daily reported that Mr Altaf refused to give any details of the other expenses incurred by the two boards and whether the auditing was being done jointly or by any one of the boards.

UNI XC PM KD PM1234

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