PCB, ICC end 2011 World Cup hosting dispute

DUBAI: The International Cricket Council and Pakistan Cricket Board have settled their dispute over the staging of the World Cup 2011 that was moved out of Pakistan due to security concerns.The agreement was reached at a meeting between ICC president David Morgan and Pakistan Cricket Board (PCB) chairman Ijaz Butt on Thursday, ensuring the PCB would drop its legal challenge after 14 games it had been allocated were shifted to co-hosts India, Bangladesh and Sri Lanka.The two parties have agreed the PCB will retain its hosting fee and also receive an additional payment as compensation, said an ICC statement.‘I’m glad we were able to come to an amicable agreement and I believe this is a fair resolution for the PCB and the ICC,’ Morgan said.‘This resolution is good for world cricket and provides an improved platform for the World Cup as we now have a degree of certainty surrounding the event that was not there while the dispute was ongoing.’Pakistan lost the right to host international cricket matches after militants attacked Sri Lankan cricketers on their way to play a test match against Pakistan on March 3 in the city of Lahore.