LAHORE: The Pakistan Cricket Board (PCB) has turned to the International Cricket Council (ICC) for financial assistance after exceeding the budget for the renovations of three major stadiums in Lahore, Karachi, and Rawalpindi, despite completing the extensive work within a remarkable 90-day period.
During a press conference on Friday, following the renovation of Gaddafi Stadium, PCB chairman Mohsin Naqvi addressed the cost overruns, which he attributed to additional enhancements, including upgraded sound systems, screens, and LED lights.
To help mitigate these increased expenses, Naqvi revealed that the PCB has secured an agreement with the ICC. Under the terms of this arrangement, the ICC will compensate the PCB with three times the anticipated revenue from ticket sales for the upcoming Champions Trophy matches. Although Naqvi did not disclose specific financial details, sources indicate that this agreement could significantly alleviate the PCB’s financial strain.
When asked about the specifics of the budget overruns, Naqvi declined to provide exact figures. However, he assured the media that the stadiums are now well-prepared to host the Champions Trophy, along with an upcoming tri-nation series featuring Pakistan, South Africa, and New Zealand. “We have ensured that the quality of work has not been compromised,” stated Naqvi, confirming the adherence to the construction deadline of January 31.
Additionally, he noted that some external beautification work is still in progress, with the Parks and Horticulture Authority of Lahore contributing to the enhancements around the stadiums. Acknowledging varied public responses to the renovations, Naqvi expressed appreciation for all forms of feedback, whether constructive or critical.
Regarding the Rawalpindi Cricket Stadium, which has faced delays due to structural challenges, Naqvi stated that the PCB aims to complete the project within the next seven to eight months. Plans are also underway to build a new stadium in Islamabad, with a suitable site already chosen.
In defense of the decision to source seating from China, Naqvi explained, “Importing these chairs within 90 days was a significant challenge. They are five times more cost-effective than our previous seats and come with a 20-year warranty.”
He assured reporters that all stadiums would be fully equipped for the upcoming matches, with external renovations completed by February 7, coinciding with Prime Minister Shehbaz Sharif’s inauguration of the Gaddafi Stadium. The National Bank Stadium in Karachi is set to be inaugurated by President Asif Ali Zardari on February 11, and a special ceremony for the Champions Trophy is scheduled for February 16.
However, due to scheduling conflicts, the traditional tournament opening ceremony involving all teams and a captains’ photo session will not take place as usual. Naqvi attributed this disruption to the varied travel schedules of participating teams, including India, England, and Australia, affecting their arrival in Pakistan.
Despite ongoing political tensions with India, Naqvi confirmed that representatives from the Board of Control for Cricket in India have been invited for the Champions Trophy, expressing optimism regarding their attendance.
In appreciation of the workforce’s efforts in completing the stadium renovations, Naqvi announced a special banquet in their honor—scheduled for February 7 in Lahore and February 11 in Karachi. Workers will also receive invitations to attend the tri-nation series matches in both locations.