PCB to retain host fees, reasonable compensation: Butt
DUBAI: Resolving the World Cup row with Pakistan Cricket Board (PCB), the International Cricket Council (ICC) has resolved to payback PCB the host fees and additional 10 million dollars as ‘reasonable compensation’ money over stripping Pakistan of ICC World Cup 2011 matches due to security reasons.
Major decisions over the dispute came during the meeting held here in between President ICC David Morgan and PCB Chairman Ejaz Butt on Thursday.
According to ICC spokesman, PCB to retain host fees of 14 World Cup 2011’s matches besides additional ‘reasonable compensation money’ over PCB’s acceptance of withdrawal from hosting 2011 WC matches owing to security fears.
No obligations will be resting upon PCB in connection with host of WC 2011 matches while Pakistan, on acceptance of PCB’s conditions by ICC, it will completely withdraw legal actions against ICC, meeting also decided.
Meanwhile, ICC president David Morgan termed PCB’s consent in vast favor of sport.