The Punjab Kings, a professional franchise cricket team competing in the Indian Premier League (IPL), are jointly owned by a group of prominent individuals.
Understanding Punjab Kings Ownership
The team, formerly known as Kings XI Punjab (KXIP), represents the region of Punjab in India's premier T20 cricket league. Based in Mullanpur, Mohali, Punjab, the franchise's ownership structure involves a collaborative effort among several high-profile investors and personalities.
The ownership group is comprised of four main stakeholders who collectively hold control over the team's operations and strategic direction.
Key Stakeholders
The franchise is jointly owned by the following individuals:
| Owner Name | Notable Affiliations/Background |
|---|---|
| Mohit Burman | Director of Dabur India Ltd., a prominent Indian consumer goods company. |
| Ness Wadia | Member of the Wadia Group, a diversified Indian conglomerate. |
| Preity Zinta | Renowned Indian actress and entrepreneur. |
| Karan Paul | Chairman of Apeejay Surrendra Group, a business conglomerate. |
These co-owners bring a mix of corporate leadership, business acumen, and public appeal to the Punjab Kings franchise, contributing to its presence and management within the highly competitive IPL ecosystem.
The Franchise in the IPL
The Indian Premier League (IPL) is one of the most-watched cricket leagues globally, featuring teams owned by various consortiums, celebrities, and business entities. The Punjab Kings' ownership structure is typical of many IPL teams, where a collective of investors pool resources and expertise to manage a high-value sports franchise. Their involvement ensures the team's financial stability, strategic planning, and overall competitiveness in the league.
