India, March 20 -- The Pakistan Cricket Board (PCB) on Thursday dismissed reports in the Indian media claiming that the board suffered an 85 per cent loss after spending INR 869 crore on the recently concluded Champions Trophy, which was held between February 19 and Match 9. PCB spokesperson Aamir Mir and Chief Financial Officer (CFO) Javed Murtaza stated the ICC tournament, which marked the return of global cricket back to Pakistan for the first time in 29 years, significantly boosted the board's revenue.

Speaking at a press conference, the PCB officials rejected the claims made about the loss incurred by the board upon hosting the Champions Trophy and revealed that they earned Rs.3 billion from the event.

"All expenses for the tournam...