Blaming it on lack of bilateral series with India, the Pakistan Cricket Board claims to have lost approximately USD 80 million in its broadcasting deal with the Dubai-based Ten Sports that ended last month.
A senior official of the board told PTI that since Pakistan didn't host any home series against India in the four-year broadcasting deal, it lost out on an estimated USD 80 million from its total deal of USD 135 million.
"In our agreement with the broadcasters there was a clear clause that we had to play at least two home series with India in a four year cycle and it would have fetched us an estimated USD 80 to 85 million of the total deal of USD 135 million," the official explained.
"But unfortunately since we have not had any bilateral ties with India at home in this four-year cycle it has cost us a lot revenues," he said.
The official said the tough part was that when the PCB invites bids for a new four-year deal in September, it would face the same problems as in the previous deal.
"Again broadcasters will want to have a escape clause if we don't play India in a home series and it will cost us estimated revenues.
