The cricket Boards of India, Sri Lanka and Bangladesh have also agreed to Pakistan getting USD 10.5 million as hosting fees of 2011 World Cup even if the trouble-torn country did not host a single match.

As per IDI's previous decision, Pakistan will not host matches but the PCB will still be recognised as hosts and retain fees from its original allocation of 14 matches.

Each World Cup host country is guaranteed a payment of USD 750,000 for every allocated match, and co-hosts Bangladesh, India and Sri Lanka accepted that if any of Pakistan's 14 matches were to take place in their countries, they would not be due a fee for hosting them.

"Pakistan remains a co-host and retains its host fees for the 14 matches originally scheduled to take place there before the decision to remove the country as a host location for the tournament," the ICC statement said.

"Bangladesh, India and Sri Lanka all accepted that if any of those 14 matches were to take place in their countries, then they would not be due any fee for hosting them," it said.

Morgan ruled out switching the 2011 World Cup to Australia and New Zealand, the designated hosts of the 2015 event.

"We did discuss the possibility of giving the 2011 World Cup to Australia and New Zealand, but that is not an option. Those two countries will hold the tournament in 2015", he said.