Kings XI Punjab is one of the eight franchise cricket teams that play in IPL. Since its inception in 2008, Kings XI Punjab has been a part of the widely celebrated cricket carnival – Indian Premier League. Kings XI Punjab’s face and captain for the first season of IPL was the famous Indian cricketer, Yuvraj Singh. While the team is yet to bag a title in IPL, the fanbase of KXIP is huge which is quite evident from the crowd present during their home matches.
A common question that most fans seek an answer to is ‘Kings XI Punjab is partly owned by which Bollywood starlet’. People are curious to know the people that handle this fabulous squad behind the camera. Well, the T20 team is co-owned by Ness Wadia (Wadia Group), Mohit Burman (Dabur), Preity Zinta (PZNZ Media), and Karan Paul (Apeejay Surrendra Group). Evidently, amongst all the co-owners of KXIP, Preity Zinta is the Bollywood star that partly owns KXIP. Let’s take a look at each of the Kings XI Punjab co-owners.
Also Read: Which team has won maximum number of IPL titles?
Kings XI Punjab Co-Owner
Kings XI Punjab is jointly owned by famous personalities and successful business tycoons. Here’s a brief about each Kings XI Punjab co-owner:
Every fan of an Indian Premier League game looks out for more information on their favorite teams; information that goes beyond the players. Since IPL has famous Bollywood celebrities owning or co-owning a team, cricket lovers are always intrigued and like to keep a tab on which star owns which team. Similarly, KXIP fans also search for a common question – Kings XI Punjab is partly owned by which Bollywood starlet?
The famous Bollywood Celebrity that is the co-owner of KXIP is Preity Zinta. Bollywood actress Preity Zinta is the most recognizable face of KXIP that fans can relate to.
Born on the 31st of August 1975, Preity Zinta made her Bollywood debut with the popular film Dil Se. Ever since her debut, Preity gained immense popularity in Bollywood and went on to act in multiple movies. Preity Zinta is also the founder of PZNZ Media, a production company. Technically, PZNZ Media is the co-owner of the KXIP IPL team with about a 23% stake.
Ness Wadia, a business tycoon from the Wadia Group and a Managing Director of Bombay Burmah Trading Corporation, is also the Kings XI Punjab co-owner. Prior to this, he was also the joint Managing Director of Bombay Dyeing; the flagship company of Wadia Group. Ness Wadia holds a stake of 23% in the KXIP franchise.
Mohit Burman is the Director of Dabur India Ltd. and the co-owner of Kings XI Punjab. This Delhi-based businessman is also the Managing Director of Elephant Capital PLC. He also holds a great interest in sports and also the largest stake in KXIP with 46% of shares. Apart from IPL, Mohit Burman also owns the Pune Pistons Franchise in Indian Badminton League and previously owned the Mumbai Magicians hockey team.
The chairman of Apeejay Surrendra Group, Karan Paul is also a co-owner and holds the least stake in Kings XI Punjab with only 8% of shares. The Apeejay Surrendra Group is one of the oldest and biggest business conglomerates and privately-owned family business in India.
Also Read: Who is the most expensive player in IPL history?
Kings XI Punjab IPL 2020 Season
In the 2020 IPL Season auction, Kings XI Punjab bought new players such as Glenn Maxwell, James Neesham, Tanjinder Dhillon, Ravi Bishnoi, Chris Jordan, Deepak Hoods, Sheldon Cottrell, Prabhsimran Sing, and Ishan Porel in the side. It also traded Krishnappa Gowtham who was an all-rounder in Rajasthan Royals. The retained players in the squad were KL Rahul (the Orange cap winner in 2020), Nicholas Pooran, Mohammed Shami, Mujeeb Ur Rahman, Karun Nair, Mandeep Singh, Chris Gayle, Hardus Viljoen, Mayank Agarwal, Darshan Nalkande, Arshdeep Singh, Harpreet Brar, Sarfaraz Khan, and Murugan Ashwin.
While Preity Zinta remained to be the Brand Ambassador for the season, some of the other team management staff included Chris Gayle as Mentor, Anil Kumble as head coach, and Andy Flower as an assistant coach.
Punjab Kings IPL 2021
Kings XI has been on a roller coaster ride ever since the inception of the Indian Premier League (IPL). However, with the captain, KL Rahul, it is expected to take IPL 2021 by storm. KXIP has also revamped its name and will now be called Punjab Kings.
IPL 2021 is scheduled to begin on 9 April in Chennai with Mumbai Indians challenging Royal Challengers Bangalore. Fantasy cricket games will be at the peak once IPL starts and you too can get your hands on the MPL app to play fantasy cricket league while enjoying the matches.