Sports
ICC suffers millions of Dollars loss during T20 World Cup
The T20 World Cup 2024, held in America and West Indies, has cost the International Cricket Council (ICC) millions of dollars.
According to Express, the ICC has suffered a loss of $167 million (more than PKR 46 billion 50 crore) due to poor management and efforts to promote cricket in America.
Members of the ICC will ask questions in the board meeting on financial and operational matters scheduled in Sri Lanka this month. Important decisions are expected.
The council has constituted an independent committee which will submit its report.
Reports say that the managing company requested $20 million from the ICC in addition to the approved budget.
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