Speaking at a function in Islamabad today, Sethi defended his decision to support the wholesale governance changes and new financial model in the International Cricket Council (ICC) which have allowed India, Australia and England to take a driving seat in the sport's world governing body.
"When I was out for a while this Big three was mishandled and we were fed with talk about honor and shame," he said.
"If this issue had been handled wisely we could have gained more. But due to lack of foresight Pakistan lost out in the new future tours program as by the time we took damage control steps most boards had already entered into bilateral agreements with other boards," he noted.
Sethi said Pakistan had still managed to gain a lot from the changes in the ICC at the recent annual conference in Melbourne.
Sethi was PCB chairman when India, England and Australia first dropped the Big three plan but he was replaced by Zaka Ashraf last year due to a court order.
Thereafter, Ashraf attended atleast two decisive meetings of the ICC in which the Big three issue was decided and Pakistan in those meetings decided to oppose the structural and radical governance changes.
