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Pakistan introduces separate contracts for red, white-ball formats; increases match fees

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2 years ago

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The Pakistan Cricket Board (PCB) on Friday announced its intention to introduce separate contracts in red and white-ball formats for its players with a 10 per cent increase in match fees across all formats.

It also said that in their 69th Board of Governors meeting, an annual budget of 15 billion rupees for the fiscal year 2022/23, with 78 per cent allocated for cricket activities, was also approved.

“As part of its strategy to incentivise, reward and encourage its high-performing elite cricketers, as well as to narrow the gap in salaries compared to players of other countries, the BoG approved the following changes in the men’s central contracts structure — Separate red and white-ball contracts with increased retainers and 10 per cent increase in match fees across all formats,” said the PCB in a statement.

Other approvals related to the men’s central contracts include increasing the number of centrally contracted players from 20 to 33, introduction of Category ‘D’, which will comprise players who are staging comebacks or knocking at the doors of international cricket, increase in match fee for non-playing members from 50 per cent to 70 per cent of the overall match fee and introduction of a captaincy allowance to compensate the team captain for the additional responsibilities that come with that role.

For the women’s central contracts, the list for which will be announced on July 1 along with men’s contracts, there will be a 15 per cent increase in retainers across all categories, with a single-contract concept. In addition to this, the pool of women’s centrally contracted players may be increased from 20 players to up to 25 players.

“The thought-process behind splitting red and white-ball contracts is to recognise the importance of white-ball cricket in the growth and development of the game. We have four international events in the next 16 months, including two World Cups. This recognition of offering contracts to white-ball specialists will help us to eventually develop two separate squads, which could simultaneously be engaged in white and red-ball cricket. This will also allow us to have a bigger spread of talent to showcase to the world,” said PCB chairman Ramiz Raja.

Raja further announced that PCB will set up a special fund for current players who get offers for playing in various T20 leagues around the world. “Further, and to discourage our elite players from signing up for additional off-season events, we have allocated substantial pool of funds. This amount will be used to compensate them for their potential loss in earnings and will also manage their workload and ensure that they remain fully fit, fresh and ready when required on national duty.”

The Board of Governors further approved the creation of the Pakistan Cricket Foundation as a charitable trust. It will be a part of the PCB’s Corporate Social Responsibility (CSR) initiative with an aim to look after the welfare and wellbeing of its retired cricketers, match officials, scorers and ground staff. The eligibility and qualification criteria for the same will be announced in due course.

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International

PM Narendra Modi Departs For 5-Day Tour Of Nigeria, Brazil, & Guyana

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6 days ago

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November 16, 2024

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New Delhi: Prime Minister Narendra Modi on Saturday left for his five-day visit to Nigeria, Brazil, and Guyana. He will be on his three-nation tour from November 16 to 21, where he will be attending the G20 Summit in Brazil.

In his departure statement ahead of his visit, PM Modi stated that he would be first visiting Nigeria at the invitation of President Bola Ahmed Tinubu with a focus on reinforcing the strategic partnership between the two nations. The Prime Minister will also be meeting with the Indian community in Nigeria during his visit. He will be there in the African nation from November 16 to 17.

“At the invitation of H.E. President Bola Ahmed Tinubu, this will be my first visit to Nigeria, which is our close partner in the West African region. My visit will be an opportunity to build upon our Strategic Partnership that is based on shared belief in democracy and pluralism. I am also eagerly looking forward to meeting the Indian community and friends from Nigeria who have sent me warm welcome messages in Hindi,” the statement read.

About PM Modi’s Visit To Brazil

Following this, he will be travelling to Brazil to attend the 19th G20 Summit as a member of the Troika. PM Modi stated that after India’s successful presidency in the G20 Summit last year, Brazil is expected to continue efforts to advance the Global South’s priorities. He will be there in the South American nation from November 18 to 19.

“In Brazil, I will attend the 19th G-20 Summit as a Troika member. Last year, India’s successful presidency elevated the G-20 to people’s G-20 and mainstreamed the priorities of the Global South into its agenda. This year, Brazil has built upon India’s legacy. I look forward to meaningful discussions in keeping with our vision of “One Earth, One Family, One Future.” I will also use the opportunity to exchange views on furthering bilateral cooperation with several other leaders,” the statement added.

About PM Modi’s Visit To Guyana

In the final leg of the trip, PM Modi will be going to Guyana, at the invitation of President Mohamed Irfaan Ali. This marks the first visit of an Indian Prime Minister to Guyana in over 50 years.

In addition, the Prime Minister will attend the 2nd India-CARICOM Summit, where he will meet with leaders from the Caribbean nations to renew historical ties and explore opportunities for deeper cooperation.

“My visit to Guyana, at the invitation of H.E. President Mohamed Irfaan Ali, will be the first-ever visit of an Indian Prime Minister in over 50 years. We will exchange views on giving strategic direction to our unique relationship, which is based on shared heritage, culture, and values. I will also pay my respects to one of the oldest Indian diaspora, who migrated more than 185 years ago, and engage a fellow democracy as I address their Parliament,” the statement read.

“During this visit, I will also join leaders from the Caribbean partner countries for the 2nd India-CARICOM Summit. We have stood together through thick and thin. The Summit will enable us to renew historical ties and expand our cooperation into new domains,” it added.

During his visit to Guyana, PM Modi will receive the highest national award from the Commonwealth of Dominica. The Caribbean nation will bestow the Dominica Award of Honour, on PM Narendra Modi, in recognition of his contributions to Dominica during the COVID-19 pandemic and his dedication to strengthening the partnership between India and Dominica.

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International

₹136 Crore Per Year To Luxury Suite At Training Ground: All About Kylian Mbappe’s Bumper Deal At Real Madrid

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4 months ago

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July 16, 2024

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In a move that has captivated football enthusiasts worldwide, Kylian Mbappe has officially transferred from Paris Saint-Germain to Real Madrid as of Tuesday.

This long-anticipated switch concludes months of speculation and excitement among fans.

Real Madrid’s Exciting Acquisition

Real Madrid announced on Monday that they had secured a deal with the French superstar for the next five seasons, merging one of football’s brightest talents with its most illustrious club.

This deal follows years of interest from Madrid, eager to bring in the player seen as the heir to Lionel Messi’s throne in the sport.

Financial Details of Mbappe’s Move

The 25-year-old Parisian will reportedly earn 15 million Euros net per season at Real Madrid, translating to over ₹136 crores annually. This figure breaks down to an impressive ₹2.6 crore per week.

While this is a significant reduction from the €75 million net per year he received at PSG, the shortfall will be offset by a massive signing bonus. The bonus, around €150 million, will be disbursed over the course of his contract.

Perks and Anticipated Debuts

Aside from his substantial salary, Mbappe will enjoy a private luxury suite at Real Madrid’s training facility and will sport the iconic No.9 jersey, previously worn by legendary striker Karim Benzema.

His anticipated debut for Real Madrid will occur during the preseason, with their first friendly against AC Milan at Soldier Field in Chicago on July 31.

His competitive debut is expected in the UEFA Super Cup, where Real Madrid will take on Europa League winners Atalanta in Warsaw, Poland, on August 14.

Mbappe’s Stellar PSG Legacy

Mbappe joined PSG from Monaco in 2017 for €180 million and has since become the club’s all-time leading scorer.

Throughout his seven-year tenure in Paris, he consistently demonstrated his scoring prowess, netting at least 30 goals in six of those seasons. His move to Real Madrid marks the next chapter in an already illustrious career, as he aims to further his legacy at one of the world’s most storied football clubs.

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ENG vs ESP, Euro 2024 Final: Spain Become The 1st Four-Time Champions Of Europe After Beating England 2-1 In Berlin

Published

4 months ago

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July 15, 2024

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Match Result:

Spain triumphed over England with a 2-1 victory in the Euro 2024 final, held in Berlin, becoming the first team to win the championship four times.

The match saw a tense first half ending goalless, but Spain took the lead shortly after the break. Williams Jr. netted the opener in the 47th minute, capitalizing on a defensive lapse by England.

England fought back, with Palmer leveling the score in the 73rd minute, igniting hopes for the Three Lions. However, Spain maintained their pressure, and in the 86th minute, Oyarzabal clinched the winner with a decisive strike.

This historic win cements Spain’s status as Europe’s most successful team, while England’s wait for a major international trophy continues. The final was a showcase of high-quality football and strategic mastery, ultimately seeing Spain emerge as deserved champions.

This historic win cements Spain’s status as Europe’s most successful team, while England’s wait for a major international trophy continues. The final was a showcase of high-quality football and strategic mastery, ultimately seeing Spain emerge as deserved champions.

Preview of Euro 2024 Cup final:

A strong Spanish outfit will meet a pesky England side in the final of Euro 2024 final at the Olympiastadion in Berlin. Spain battled France and defeated them by 2-1 in the semi-final, while England overcame the Netherlands by the same margin.

However, it wasn’t without a contentious penalty call that went in England’s favour. Despite not starting the contest as favourites, England’s ability to hang in there could work against Spain, who are seeking a 4th Euro title. By contrast, England are yet to lift the trophy.

A crucial stat which is in favour of England is the head to head battle, which the former lead by 13-10 against Spain in 27 outings.

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