Pakistan’s threat to pull out of the Asia Cup after demanding the removal of ICC referee Andy Pycroft could be very costly. If they go ahead with it, the PCB might lose around USD 12–16 million. In the ACC, five main teams India, Pakistan, Sri Lanka, Bangladesh, and Afghanistan each get 15 percent of the annual revenue, while the rest is shared by smaller teams. Revenue streams include broadcast deals, sponsorships, ticketing, and other sources.

From this Asia Cup alone, the Pakistan Cricket Board’s (PCB) projected earnings are estimated to be between USD 12 to 16 million. With the cricket board not as financially strong as the BCCI, a pullout could spell disaster. Sony Pictures Network India (SPNI) recently signed an eight-year deal (2024-2031) with the ACC for USD 170 million, covering broadcast rights for the men’s, women’s, and Under-19 Asia Cups.

PCB chief and Federal Minister for Interior and Narcotics Control, Mohsin Naqvi, has openly criticized Pycroft, blaming him for the controversy triggered by India’s refusal to shake hands with Pakistan players. However, the ICC has refused to remove Pycroft, rejecting Pakistan’s demand.

Financial and Political Stakes for Pakistan

A source familiar with PCB affairs told PTI, “Can Naqvi risk Pakistan losing around USD 16 million out of a projected budget of USD 227 million for the fiscal year? That will be roughly seven percent of the annual PCB revenue gone. It will be walking on thin ice for him. But again, as one of the important ministers of Pakistan, he also needs to keep his respect in front of his countrymen.”

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If Pakistan were to withdraw, it would likely face isolation in the ACC boardroom, with other directors possibly objecting to it receiving its 15 percent share without participating in a marquee event. Naqvi, as ACC head, could also face backlash from the official broadcaster, which might refuse to pay the agreed-upon fee. With the India-Pakistan match being the biggest revenue generator, any pullout could mean significant losses for advertisers and the broadcaster. Therefore, Pycroft is expected to continue as referee in Pakistan’s game against the UAE, unless other ACC nations agree to adjust match assignments.