PCB declares 3-year India boycott in Champions Trophy fallout

The Pakistan Cricket Board (PCB) will not tour India for any cricket series for the next three years as a reaction to India's denial to play in the Champions Trophy in Pakistan, said PCB Chairman Mohsin Naqvi's advisor Aamer Mir.

At a press conference on Wednesday, Mir spoke about the current cricket controversy between the two countries while pointing out the PCB's financial strength despite the setback.

"All the decisions for the Champions Trophy were taken by the ICC," Mir said. "India tried to inflict economic losses on Pakistan, but India will incur more economic losses than Pakistan."

Mir disclosed that the PCB is now the third richest cricket board in the world, proving how robust its finances are despite the strained relations in the region. He underscored that the Champions Trophy events thus far have passed without any nasty episodes.

The PCB advisor pointed out that with Chairman Mohsin Naqvi at the helm, the cricket board has made considerable financial stability. To prove this, he cited that the PCB paid 4 billion rupees in taxes to the national exchequer.

Javed Murtaza, another official from the PCB in attendance at the conference, gave further financial information regarding the Champions Trophy. "The Dubai matches are still technically hosted by Pakistan," Murtaza said. "PCB will get the revenue from these Dubai matches in terms of tickets as well."

As per Murtaza, although the ICC bore the operational costs for the Champions Trophy, the PCB anticipates making around 3 billion rupees in profit from the tournament. This revenue estimate is based on hosting charges and ticket sales across the venues.

The PCB officials made it clear that even after India's withdrawal, the Champions Trophy is economically viable for Pakistan, with the ICC likely to contribute around 3 billion rupees in profit-sharing.

This trend is another episode in the intricate cricket relations between India and Pakistan, where sporting competitions remain under the shadow of larger geopolitical rivalries.