PCB's concerns are valid. ICC need to share the exact formula that was used for revenue distribution. Other cricket boards such as SLCB and WICB just want to impress the pig-4, for the sake of scraps that are thrown towards them. At least PCB has the courage to make their voice heard. But they alone can't do much. They have one vote out of 17 member board and unless they can convince the smaller boards to side with them, pig-4 will do whatever they want to do. The ICC revenue distribution model for 2024-27 is just a refurbished version of the pig-3 model proposed by N Srinivasan and Sharad Pawar back in 2015.