Karachi, Aug 17 - New Zealand Cricket (NZC) has demanded $750,000 from the Pakistan Cricket Board (PCB) to host the three-match Test series in November.

The series was supposed to be played in Pakistan but was relocated because of security apprehensions.

According to sources, senior PCB officials were as it is having second thoughts about holding the series in New Zealand as they are unsure whether the board's marketing team will be able to sell the series for a sufficient amount.

The PCB mulled over the option of hosting the Test series in Dubai and Abu Dhabi but gave it up after realising that it would cost almost a million dollars to stage the series there.

Hotels are expensive in UAE where Pakistan hosted its one-day series against Australia earlier this year and had to spend more than ten million rupees on private security guards alone.