<b>Loss of tour costs Pakistan $40m</b>
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>The Pakistan Cricket Board lost $40m after the cancellation of India's tour, PCB chairman Ijaz Butt has said.</b>
Butt told the Pakistan Senate's committee on sports that the PCB's finances were in a "terrible shape".
India pulled out of this month's tour after the Mumbai terrorist attacks, although Butt said he hoped the Indians would visit in the near future.
Sri Lanka have agreed to step in but Butt said the series of two Tests and three ODIs would raise just $500,000.
<b>Butt said : "We suffered a loss of at least $40m while on the other hand <span style='font-size:14pt;line-height:100%'>*</span>India lost four times more than us.</b>
"The Sri Lanka series would help us generate just a small amount, but we do hope that the Indian cricket team tours Pakistan in the near future."
Butt said the board's reserves had fallen from $42m to $19m in the two years up to him taking over as chairman in October last year.<!--QuoteEnd--><!--QuoteEEnd-->
<b><span style='font-size:14pt;line-height:100%'>* :</span></b> Typical Pakistani Balderdash, Cobblers and Hogwash.
Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->