PCB prepares for $70m compensation battle against BCCI

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KARACHI, July 6 (TNS): The Pakistan Cricket Board (PCB) has increased its efforts to put up a strong defence in their financial compensation case against the Board of Control for Cricket in India (BCCI).

The PCB has officially launched a complaint against BCCI for not honouring the Memorandum of Understanding (MoU) signed by both boards at the time of the formation of ‘Big Three’ and asked for compensation of $70 million for financial loses.

To resolve this matter, ICC constituted a three-member dispute resolution committee which will hear both parties on October 3 in Dubai later this year.

According to sources, both PCB and BCCI have submitted their written responses to the committee and are now waiting to receive the opposition’s replies.

Pakistan and India were supposed to play six bilateral series starting from 2015 till 2023, four of which were supposed to be hosted by the Men in Green.