PCB signs Rs8m sponsorship

Published October 23, 2004

KARACHI, Oct 22: A foreign-based bank signed a Rupees 8m sponsorship deal for domestic cricket for the 2004-2005 season with the Pakistan Cricket Board (PCB) on Friday. Shaharyar M. Khan, the PCB chairman signed on behalf of the board , while country manager ABO Amro Bank Naveed Khan put his signature on the contract on behalf of the bank.

As per the signed agreement, the bank is to sponsor the country's premier first class events, the four-day Quaid-i-Azam Trophy matches and one-day Quaid-i-Azam Trophy matches for the Association teams and the four-day Patrons Trophy and the one-day Patrons Trophy matches for departmental teams and the newly launched 20-20 Cup which will be held early next year in Lahore.

PCB chairman said that this was indeed a special event as it was a major breakthrough in sponsorship at the domestic level. "PCB is also holding talks with the chambers of commerce and industry in various cities to sponsor their teams at domestic level and (we) are looking for more sponsorship for the 11 regional teams," PCB boss said.

Replying to a question put to him that a lot of cricket was being played in the Holy month of Ramazan, he admitted that with the Quaid-i-Azam Trophy and the Test series with Sri Lanka in progress, a lot of cricket was being played in Ramazan and promised that from next year this hectic programme will be curtailed.

Opinion

The Dar story continues

The Dar story continues

One wonders what the rationale was for the foreign minister — a highly demanding, full-time job — being assigned various other political responsibilities.

Editorial

Wheat protests
Updated 01 May, 2024

Wheat protests

The government should withdraw from the wheat trade gradually, replacing the existing market support mechanism with an effective new one over the next several years.
Polio drive
01 May, 2024

Polio drive

THE year’s fourth polio drive has kicked off across Pakistan, with the aim to immunise more than 24m children ...
Workers’ struggle
Updated 01 May, 2024

Workers’ struggle

Yet the struggle to secure a living wage — and decent working conditions — for the toiling masses must continue.
All this talk
Updated 30 Apr, 2024

All this talk

The other parties are equally legitimate stakeholders in the country’s political future, and it must give them due consideration.
Monetary policy
30 Apr, 2024

Monetary policy

ALIGNING its decision with the trend in developed economies, the State Bank has acted wisely by holding its key...
Meaningless appointment
30 Apr, 2024

Meaningless appointment

THE PML-N’s policy of ‘family first’ has once again triggered criticism. The party’s latest move in this...