The Pakistan Cricket Board (PCB) is facing a potentially massive financial setback if it decides to pull out of the Asia Cup 2025. Sources estimate that such a move could cost the nation between USD 12 to 16 million, equivalent to approximately Rs 105 crore to Rs 141 crore. This alarming figure has emerged amidst growing tensions surrounding the ongoing Asia Cup, hosted in the United Arab Emirates (UAE).

The controversy stems from the PCB's demand for the removal of ICC match referee Andy Pycroft, whom they blame for a controversy sparked by the Indian team's refusal to shake hands with Pakistani players after their recent match. Mohsin Naqvi, who serves as both PCB chief and Federal Minister for Interior and Narcotics Control in Pakistan, has openly criticized Pycroft. However, the ICC has rejected Pakistan's demand to remove Pycroft.

This situation has placed Naqvi in a difficult position, as he must balance national pride with the financial realities facing the PCB. Withdrawing from the Asia Cup would not only result in a significant loss of revenue but could also lead to broadcaster backlash and potential isolation within the Asian Cricket Council (ACC).

The financial stakes are high for Pakistan, as the five Test-playing nations within the ACC – India, Pakistan, Sri Lanka, Bangladesh, and Afghanistan – each receive 15 percent of the council's annual revenue. This revenue is generated through broadcast deals, sponsorships, and ticket sales. Sony Pictures Network India (SPNI) has an eight-year deal with the ACC worth USD 170 million, highlighting the significant financial implications of any disruption to the tournament.

According to sources familiar with PCB affairs, the potential loss of USD 12 to 16 million would represent a considerable portion of the PCB's projected budget of USD 227 million for the fiscal year. This would equate to roughly seven percent of the PCB's annual revenue, placing the board on thin ice.

Despite the tensions, sources within the PCB suggest that it is unlikely that Pakistan will withdraw from the Asia Cup. The potential repercussions of such a move, including heavy sanctions from the ICC, are simply too great for the PCB to bear, particularly given its current financial situation following stadium renovations for the Champions Trophy.

The Asia Cup 2025 is the 17th edition of the tournament and is being played in the T20I format. It features eight teams: India, Pakistan, Sri Lanka, Bangladesh, Afghanistan, UAE, Oman, and Hong Kong. India, the defending champions, are in Group A along with Pakistan, UAE, and Oman, while Sri Lanka, Bangladesh, Afghanistan, and Hong Kong comprise Group B.