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August 15, 2009

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Pakistan and ICC settle out of court

PAKISTAN has reached an out-of-court settlement with the International Cricket Council over the country being stripped of co-hosting rights for the 2011 World Cup.

Pakistani media reported yesterday that Ijaz Butt, chairman of the Pakistan Cricket Board, received authorization from the PCB governing board on Thursday to reach a cash settlement with the ICC. The amount of the final settlement was not disclosed. Pakistan had already secured a US$10.5 million payment for the 14 games it was initially scheduled to hold before the country was removed as co-host on security grounds.


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