PCB hangs on to loot

LAHORE - Pakistan would still pocket R27,5million from the Champions Trophy despite the event being shifted to South Africa for security reasons, a top cricket official said here yesterday.

LAHORE - Pakistan would still pocket R27,5million from the Champions Trophy despite the event being shifted to South Africa for security reasons, a top cricket official said here yesterday.

South Africa was approved on Monday as the new host of the biennial tournament in September-October by the board of International Cricket Council (ICC) after the decision last month to take it out of troubled Pakistan.

However, the ICC board decided that Pakistan will keep the hosting rights, ensuring a significant windfall for the Pakistan Cricket Board (PCB).

"The decision of giving the Champions Trophy to South Africa hasn't changed the picture," PCB chief operating officer Salim Altaf said.

"If the ICC gives South Africa financial assistance, it would still have no impact on the PCB's share, which is $2.75million."

A terrorist attack on the Sri Lankan team earlier this month in Lahore which left eight policemen dead and wounded seven Sri Lankan players and a coach further dented Pakistan's hopes of staging international cricket.

Sri Lanka, the alternative venue for the Trophy, was ruled out as a possible host after concerns were expressed over weather conditions in Colombo during the September 24 to October 5 dates for the tournament.

Australia will defend the title they won in India in 2006. - Sapa-AFP

X