Although discussions are ongoing and the situation remains fluid, ESPNcricinfo understands the PCB put forward its proposal over the weekend in meetings with the ICC and BCCI in Dubai. In it, they called for an equitable and long-term agreement, stretching beyond the 2025 Champions Trophy, with reciprocal provisions for Pakistan to play outside of India during global events held there. It is yet to be decided whether such provisions are for the next three years or until the end of the current rights cycle in 2031.

"A one-sided arrangement is no longer acceptable. It cannot be the case that we continue to go to India, but they do not visit Pakistan. Whatever happens must be on the basis of equality."

While the BCCI remains tight-lipped, indications are it might not be willing to accept adopting a hybrid model for their tournaments. In either case, the ICC Board will reconvene and examine the PCB proposal before making a final decision on the Champions Trophy. And both PCB and BCCI will need to have that decision ratified by their individual governments. The ICC has tentatively penciled in December 5 as a date for that meeting.

Options on the table for the tournament remain the same as they were when the board met briefly last week, otherwise - that the tournament will either be based on a hybrid model with India playing its games outside Pakistan; that the entire tournament is hosted in another country; or that the tournament goes ahead without India.

In that meeting last week, it was decided to give the PCB time to hold separate negotiations with BCCI to find a resolution after the latter told ICC that the Indian government had denied permission for the Indian team to travel to Pakistan. Last Friday, a spokesperson for India's Ministry of External Affairs (MEA) said that "security concerns" meant India were unwilling to travel. "The BCCI has issued a statement so I would refer you to it," said the spokesperson during a press briefing. "They have said there are security concerns there and therefore it is unlikely the team will be going there. Please do refer to the statement issued by the BCCI."

No such statement has been publicly issued by the BCCI. The PCB says it has still not received an official explanation citing the reasons for India's inability to travel, though it has sought one from the moment the BCCI informed the ICC.

Jay Shah to chair ICC meet on December 5

The meeting is widely thought to be on the Champions Trophy, although there was also a suggestion that it might be a courtesy call for Shah to ring in his tenure.

With time running out - there are only 77 days to the start date of the event - the ICC finds itself in a spot of bother. It has not yet released the tournament schedule (normally put out 100 days from the event) nor announced the ticketing process which would facilitate fans to make travel arrangements for the eight-team event.

Additional reporting by Danyal Rasool and Firdose Moonda