PCB okays Rs 12.8b for upgrading three stadiums

The Pakistan Cricket Board (PCB) has approved a substantial allocation of Rs 12.8 billion for the upgradation of Gaddafi Stadium, National Bank Stadium, and Rawalpindi Stadium ahead of the ICC Champions Trophy, scheduled in February/March next year, reported 24NewsHD TV channel.

A decision to this effect was taken in the 72nd meeting of the PCB Board of Governors, chaired by PCB Chairman Mohsin Naqvi, which took place at the National Cricket Academy here on Saturday.

This meeting focused on approving the budget estimates for the fiscal year 2024-2025, setting the stage for comprehensive development across various facets of Pakistani cricket.

An allocation of PKR 12.8 billion has been approved from the development budget for upgrading major stadiums, including Gaddafi Stadium in Lahore, National Bank Stadium in Karachi, and Rawalpindi Stadium.

These funds are earmarked to ensure these key venues meet international standards ahead of the ICC Champions Trophy scheduled to be held in Pakistan next year.

In a move to bolster domestic cricket, the PCB has set aside Rs 4.5 billion.

This move includes the maintenance of 12 grounds under the PCB's direct supervision and providing funds for the upkeep and staffing of 100 grounds nationwide.

One of the salient features of the meeting was the approval of increased contracts for domestic cricket players.

Additionally, significant strides have been made in women's cricket, with the budget being raised from Rs 7 million to Rs 24 million.

The meeting also okayed an increase in the central contracts for women cricketers.

During the meeting, preparations for the upcoming ICC Champions Trophy were discussed in detail.

Chairman Mohsin Naqvi emphasized that the upgradation of stadiums will be completed before the tournament, ensuring that facilities for fans are significantly improved.

He assured that all arrangements would adhere to international standards, aiming to provide an exceptional experience for players and spectators alike.

The PCB is also working on new venues for hosting various tournaments and matches.

PCB officials, including Secretary Board and Chief Operating Officer Salman Naseer and Chief Financial Officer Javed Murtaza, provided a detailed briefing on the key aspects of the budget and other relevant matters.

The Board of Governors' meeting saw participation from prominent members, including Punjab Chief Secretary Zahid Akhtar Zaman, Sajjad Ali Khokhar, Zafarullah, Tanveer Ahmed, Tariq Sarwar, Dr Anwar Ahmed Khan, Muhammad Ismail Qureshi, Meraj Mahmood, Usama Azhar, and Director of Domestic Cricket Abdullah Khurram Niazi.

Reporter: Waseem Ahmad