Karachi, July 29: The Pakistan Cricket Board is trying to extract maximum financial compensation from the ICC in return for surrendering its hosting rights for 14 matches of the 2011 World Cup, sources said on Wednesday.

Well-placed sources in the Board said that the issue was discussed in detail in the Tuesday’s meeting between PCB chairman Ejaz Butt and ICC president David Morgan at Dubai on Tuesday.

"The ICC and the other hosts of the World Cup — India, Sri Lanka and Bangladesh — have agreed to pay Pakistan hosting fees of $10.5 million," one source said. "But Butt, on the advice of Board lawyers, is trying to convince the ICC that Pakistan needs to be paid more from the World Cup earnings," the source disclosed.

Butt had conveyed that Pakistan also wanted the gate money receipts for the matches it was supposed to host but which have now been distributed among India, Sri Lanka and Bangladesh, the source said. — PTI