The Pakistan Cricket Board (PCB) had set a reserve price of Rs600 million for the rights. The latest agreement covers 25 matches, including five Tests, 14 ODIs and six T20Is.

According to the report, three major broadcasters currently owe significant amounts to the cricket board. Although they were not barred from participating in the bidding process, they did not submit bids.

A company that has previously acquired a major share of Pakistan cricket’s broadcast rights also showed no interest in the latest bidding process.

The report attributed the limited participation partly to Pakistan’s recent performances and reduced spectator interest in matches against Ireland and Sri Lanka.

The PCB also did not allow a consortium to participate in the bidding, following a similar restriction already introduced for the Pakistan Super League.

The agreement includes three T20Is against Sri Lanka, followed by a seven-match ODI triangular series involving England. Two Tests against Sri Lanka are also part of the schedule.

The upcoming programme further includes three T20Is against Ireland, a proposed ODI triangular series involving Zimbabwe, a Test against Ireland and two Tests against New Zealand.

However, reports suggest Zimbabwe may withdraw from the proposed triangular series for commercial reasons, while the Ireland Test could also be dropped. The PCB has not officially confirmed these reports.