Karachi: England has formally invited Pakistan to play three Tests, five One-Day Internationals and a Twenty20 match in 2010 as a bilateral agreement between the two countries, Pakistan Cricket Board (PCB) said on Thursday.

"We have got a formal invitation for the bilateral tour which is not part of the ICC Future Tours Program (FTP)," Director General of PCB Saleem Altaf said.

"The England and Wales Cricket Board (ECB) wants us to start formal negotiations to cover the financial arrangements for the proposed tour," he added.

Pakistan is scheduled to tour England in 2012 as part of the FTP and will also play a Twenty20 game to compensate the ECB for a sum of 800,000 pounds.

England had claimed a compensation from the PCB for lost revenues of the forfeited 2006 Oval Test that ended on the fourth day just after tea.

On-field umpires of the match Darrell Hair and Billy Doctrove awarded the match to England following the then Pakistan skipper Inzamam-ul-Haq's decision not to take the field as protest after he was penalised for ball tampering.

Altaf said Pakistan was looking forward to the 2010 England tour as it needed to improve its financial position.

"If the ECB wants us to pay the compensation by playing the Twenty20 match on the 2010 tour we have no problems with that," he added.

"But our agreement is to play the compensation game on the 2012 tour."