Blaming it on lack of bilateral series with India, Pakistan Cricket Board (PCB) claims to have lost approximately $ 80 million in its broadcasting deal with the Dubai-based Ten Sports that ended last month.
A senior official of the board said that since Pakistan didn't host any home series against India in the four-year broadcasting deal, it lost out on an estimated $ 80 million from its total deal of $ 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 $ 80 to 85 million of the total deal of $135 million," said the official.
"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.
Moreover, 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 would want to have an escape clause if we don't play India in a home series; it will cost us estimated revenues."