The Pakistan Cricket Board said its India counterpart, the BCCI, breached an agreement between them in 2014 to stage six bilateral series from 2015-2023.
The PCB wanted compensation of about $63 million for the two series it was due to host against India in November 2014 and December 2015, which never materialized.
The International Cricket Council said in a statement: “Having considered detailed oral and written submissions, the dispute panel has dismissed the PCB’s claim against the BCCI. The judgment is binding and non-appealable.”
The PCB wasn’t happy.
“The announcement … has come as a disappointment for the PCB,” it said in a media release.
“PCB will determine its future course of action in this regard after detailed deliberations and consultation with its stakeholders.”
The teams have not played a full-fledged bilateral series since political ties were strained after the Mumbai attacks in 2008.