Pakistan Risks Losing $16 Million Revenue if It Withdraws from Asia Cup over Referee Row

Sports News:  The Pakistan Cricket Board is caught in a tricky situation. On one side is their anger at ICC referee Andy Pycroft, and on the other is the Asia Cup’s huge revenue. Pulling out now could cost Pakistan millions of dollars. This decision has become as much about pride as it is about money and cricketing power. Officials estimate Pakistan could lose between $12 million to $16 million if they boycott the tournament. This money comes from sponsorships, broadcasting rights, and ticket sales. Considering the PCB’s annual budget is around $227 million, losing seven percent in one stroke would be a massive financial hit.

Broadcasters Under Pressure Too

Sony Pictures Network has already signed a deal worth $170 million with the Asian Cricket Council for broadcasting rights until 2031. If Pakistan pulls out, broadcasters could demand refunds. Since India-Pakistan matches bring in premium ad rates, the absence of Pakistan will cut deep into the broadcaster’s profits.

ACC’s Share at Stake

Every Test-playing nation under the ACC, including Pakistan, gets a 15 percent share of annual revenue. Not playing in the Asia Cup could also threaten this share. That means Pakistan might not just lose revenue this year but weaken its position inside the ACC boardroom.

Naqvi’s Balancing Act

PCB president Mohsin Naqvi, who also serves as Pakistan’s Interior Minister and ACC chief, faces a delicate balancing act. As a minister, he wants to keep his pride intact before citizens. As ACC head, he cannot afford to hurt Pakistan cricket’s finances or ACC’s credibility.

Controversy Over Pycroft

The entire issue began after a handshake controversy, where Indian players reportedly avoided Pakistani cricketers. Naqvi and PCB blamed ICC referee Andy Pycroft for mismanaging the matter. The ICC, however, has refused to remove Pycroft, leaving Pakistan frustrated. Reports suggest Richie Richardson may now officiate the next Pakistan match instead.

More to Lose Than Gain

Analysts say Pakistan has limited options. Withdrawing will damage its cricketing reputation, hurt finances, and isolate it in the ACC. Staying on may sting pride, but walking away could mean losing both money and influence. For now, PCB must decide whether anger is worth $16 million.