The Pakistan cricket team has not received payment for their match fees in the past four months, according to a recent report in Cricket Pakistan, which has greatly incensed the players.
Due to financial delays, Pakistani athletes have threatened to boycott World Cup advertisements and sponsorship logos. According to reports, the players are dissatisfied with the Pakistan Cricket Board (PCB) for not paying their debts on time.
The Pakistan cricket team has not received payment for their match fees in the past four months, according to a recent report in Cricket Pakistan, which has greatly incensed the players.
The board’s evaluation of the central contracts of the players has not yet produced encouraging outcomes. Since there have been no payments for the past four months, this seems to be a significant problem ahead of the ICC World Cup, which will begin on October 5 in India.
Players are refusing to wear corporate logos on their shirts as the World Cup draws near. The board’s unwillingness to settle the payments is particularly hard on the younger players’ finances.
According to the report, the PCB had suggested an astounding PKR 4.5 million monthly retainer pay for elite cricket players competing in the three forms of Test, One Day International, and T20. It was anticipated that this alluring offer would inspire the athletes and improve their output. Contradictions have emerged, though, as the players are now requesting a raise in compensation. Following tax deductions, the players receive only between PKR 2.2 and 2.3 million, or less than half of the original offer. This supports their demand for a modified payment schedule.
The players are now want a portion of this wealth after it was disclosed that the PCB received 9.8 billion rupees through various financial streams. Their case is based mostly on the revenue-sharing arrangement PCB has with the ICC, sponsors, Pakistan Super League (PSL) contracts, and bilateral series. The athletes contend that they are actually entitled to a sizable share of the income generated because they are the primary draw bringing in sponsors and spectators, ultimately driving the financial success of the sport.
PCB’s financial support for players is a staggering one billion rupees short of what the board earned from the ICC in revenue shares, or 10% less. Although the PCB asserts that it is providing a fair contract, the players’ managers or agents have a say in the arrangement through their complacency.
The Pakistani team will probably leave for India on Wednesday to compete in the ICC World Cup 2023 in Hyderabad. They WILL begin their campaign against the Netherlands on October 6.
