The Pakistan Cricket Board (PCB) has recorded a staggering increase of 108.45 percent in its income during 2019 as compared to the earnings of year 2018.
The PCB earned a total of Rs 10.696 billions in 2019, whereas the income of the cricket’s board during the year 2018 stood at Rs 5.131, as per Associated Press of Pakistan (APP). According to a report, the total earnings have come from different sources such as tours and tournaments, sponsorship and logos, return on investments and bank deposits and others.
The Pakistan Cricket Board earned a total of Rs 9.690 billion through different tournaments in 2019, witnessing a 124 percent increase as compared to Rs 4.325 billion in the year 2018.
“The board generated Rs 4.27 and Rs 5.41 billion though tours outside and inside Pakistan in 2019 respectively as compared to that of Rs 964.5 million and Rs 3.360 billion in 2018, respectively,” APP reported.
Furthermore, PCB also recorded a 16 percent increase in its income through sponsorship and logos compared to 2018. The income through return on investments and bank deposits also increased from the figure of Rs 459.8 million in 2018 to Rs 707.9 million in 2019.
What are your views on this? Share in the comments bar below.