New Zealand was believed to be a cheaper option because of inexpensive hotels and also the PCB would not have to make any extra security arrangements. But NZC's demand has put PCB in a tight spot.

According to a PCB official, Pakistan will not be able to raise enough funds for the series as there is a lack of interest from sponsors for Test matches. But Pakistan is also desperate to play Test matches as its team has just played four Tests in the last 20 months.

The PCB is currently facing major financial problems because of the shifting or cancellation of a number of money-making events like the home series against India and the ICC Champions Trophy.