According to reliable sources, the matter came up for discussion at Saturday's meeting of the Governing Board which was informed about the shortfall in earnings in the annual budget. "The PCB was expecting to earn and clear a shortfall of around 700 million rupees from the one-day series in India and the PSL but in both cases it ended up earning nothing," one source said.

He said that the Board of Control for Cricket in India (BCCI) refused to share any revenue from the limited over series which was the first bilateral contest between the two nations since 2007 and was held in India. Then the PSL, announced with much fanfare, also fell through in the tenure of former Chairman of the board, Zaka Ashraf due to different reasons.