According to a reliable PCB official, BCCI had last month offered some strong incentives to PCB to support the structural changes in the International Cricket Council (ICC) that were championed by India, Australia and England.
"Some of the incentives offered to Pakistan in pure money terms guaranteed earnings of around 200 million dollars over the next few years from playing bilateral series with India and other countries and more rewarding broadcasting deals," the source told PTI.
"The incentives included restoration of bilateral series with India, the status of fourth member after the Big three in the ICC executive board, more attractive bilateral series with other nations," he explained.
The source claimed the status of fourth member meant a bigger share for Pakistan from the ICC event earnings that are distributed among the member nations in the next eight-year cycle that begins from 2015.
The source disclosed that after the incentive package was offered to Zaka Ashraf he took his time in taking a decision and apparently this was also discussed at the Governing board meeting of the PCB held ahead of the ICC meeting in Singapore.
"But Ashraf at that time was counting heavily on the continued support and partnership of South Africa and Sri Lanka in resisting the changes by the Big three," he said.
"Ashraf thus turned down the incentive package which even included written guarantees from India," he said.