Pakistan is all set to host the ICC Champions Trophy 2025, but the Pakistan Cricket Board (PCB) is facing financial challenge with mounting renovation expenses for the stadiums. The PCB initially estimated the amount for renovating the venues in Karachi, Lahore, and Rawalpindi as 12.3 billion Pakistani rupees (approximately ₹383 crore). However, recent updates indicate that the expenses have jumped to 18 billion Pakistani rupees (around ₹561 crore), up from more than 5 billion rupees (USD 20.4 million). In response to this drastic increase in spending, the PCB's Board of Governors (BOG) has sanctioned the extra budget. The board has also authorized its Chief Financial Officer (CFO) to arrange an overdraft of 3 to 6 billion rupees if required. This step is taken meet the expenses for the ongoing financial year. As per a report issued by Dawn, the PCB is making arrangements for a potential shortage of cash and may require outside assistance to run its business smoothly. Also Read | CT 2025: India Skips Warm-Ups; Pakistan to Play Three Games Financial Setbacks and Future Plans Files from the last BOG session show that PCB had reserves of close to 26 billion rupees in the previous year. It, however, suffered reverses when it sold broadcast rights and other arrangements for the years 2024-26 for less than what it was looking for, generating just 1.70 billion rupees. These lower earnings have put further pressure on the board's trunk. Responding to this, PCB is seeking new means of generating revenue. One of the key strategies is introducing two new teams to the Pakistan Super League (PSL). The board also intends to renegotiate its 10-year deals with current PSL franchises since the contracts are to be terminated this year. Also Read | Full List of Injured Players Missing Champions Trophy 2025 Surge in Expenses Despite India's Absence in CT 2025 The financial issue is also added by India's refusal to travel to Pakistan for the ICC Champions Trophy 2025 due to the political tension between these two nations. All the matches of India, including the knockouts (if India qualifies) will be played in Dubai. Even after the refusal of India, the PCB proceeded with its plans to upgrade its stadiums. This move has also sparked fears that the investments will not generate enough returns, particularly with the uncertainty of the overall revenue of the tournament. The Board, however, is hopeful that the eight-team marquee event will boost Pakistan's international cricket standing. However, the increased cost of renovation and the withdrawal of one of the most favored teams in the tournament may dent the expectation of the board for the revenue. The coming months show us the complete picture as the PCB tries to put the finishing touches on its preparation and make the tournament a success in spite of the setbacks.