Pakistan was deprived off its rights as co-host of the 2011 World Cup by the ICC on 17 April 2009 due to ongoing concerns about the "uncertain security situation" prevailing in the country, especially in the result of terrorist attacks in Lahore during Sri Lanka's tour in 2009.
The Pakistan Cricket Board has implied that it may refuse to participate in the World Cup if they are asked to play in India. However, there is no tangible evidence whether this will in fact happen.
According to an estimate PCB will lose $10.5 million due to the tournament being taken away from them. This figure only consists of the match-fee of $750,000 per match guaranteed by the ICC. The overall loss to the PCB and the Pakistani economy is expected to be much greater.
On 9 April 2009, PCB chairman Ijaz Butt revealed that they had issued a legal notice to be in opposition to ICC's decision. However, the ICC asserts that the PCB is still a co-host and they have only shifted the matches out of Pakistan. Pakistan have proposed that South Asia host the 2015 World Cup and Australia/New Zealand host 2011, however this option has not found favor with their co-hosts and hence seems unlikely.
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