Cash-trapped PCB waits for dues

Updated: 07 August 2009 08:25 IST

Already cash-trapped PCB is seriously struggling to meet their various expenses while eagerly waiting for earnings of the ODI series against Australia.

Cash-trapped PCB waits for dues

Karachi:

Already cash-trapped Pakistan Cricket Board is seriously struggling to meet their various expenses while eagerly waiting for earnings of the ODI series against Australia played in Abu Dhabi earlier this year.

Well-informed sources in the PCB said that financial state has touched a new low as even the contractors, who were building a new enclosure and block at the Gaddafi Stadium in Lahore, had started complaining about not getting their dues on time.

Worse, a Pakistani biomechanic expert who was employed three months ago at National Cricket Academy has threatened to move court for non-payment of salaries and a contractual breach by the PCB.

"The expert was hired three months back but he has not been paid his salary as yet and worse the director human resources (Wasim Bari) recently told him that his services were no longer required. The man has now threatened to go to court," the source said.

Sources informed that the PCB had also still not received the revenues from the ODI series due to some contractual problems.

However, another source insisted that the PCB's financial health will improve soon as Pakistan will get Champions Trophy hosting fee of $7,50,000 from the ICC and also share from the World Twenty20 which they won in England two months ago.

Board employees have been complaining and grumbling in recent months as the PCB chairman Ejaz Butt has held back payment of annual bonus to the employees as well due to weak financial health of the body.

"To complicate matters the board has spent thousands of dollars and rupees on paying legal fees to the London based law firm D L Piper for handling the legal case against the ICC over 2011 World Cup and also to Tafazzul Rizvi for handling the cases in the local courts pertaining to the ban on (pace bowler) Shoaib Akhtar and shifting of World Cup secretariat," one source said.

The source also said that the board was involved in legal battles in Karachi with the taxation department over payment of taxes.

Topics : Cricket
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