14 Jan 2009

India's cancellation of Pakistan costly for both

5:33 pm on 14 January 2009

The Pakistan Cricket Board lost $70 million after the cancellation of India's tour there according to PCB chairman Ijaz Butt.

Butt says the board's finances are in "terrible shape"in the wake of India pulling out of this month's tour in the wake of the Mumbai terrorist attacks, although he hopes the Indians will visit in the near future.

Sri Lanka have agreed to step in but Butt says the two tests and three one dayers will raise just $750,000.

He says the cancellation of the tour cost Indian cricket $250 million.