Punjab Kings Ownership Dispute: Preity Zinta Files Legal Appeal to Block Share Sale

Punjab Kings Ownership Dispute: Preity Zinta Files Legal Appeal to Block Share Sale

Punjab Kings Ownership Dispute: Preity Zinta Files Legal Appeal

The Punjab Kings Indian Premier League (IPL) franchise is embroiled in an internal dispute that has escalated to the Chandigarh High Court. Actress and co-owner Preity Zinta has filed a legal appeal to prevent fellow owner Mohit Burman from selling a portion of his franchise shares.

Zinta, who holds a 23% stake in the franchise through KPH Dream Cricket Private Limited, alleges that Burman, who holds the largest share at 48%, is attempting to sell 11.5% of his stake to an unnamed party. This action violates an internal agreement among the owners, which mandates that any stake intended for sale must first be offered to existing promoters within a specific timeframe before being offered to external parties.

Burman has publicly denied any plans to sell his shares, but Zinta’s legal action suggests a breakdown in communication and trust within the ownership group. This internal conflict arises at a time when IPL franchise valuations have skyrocketed following the addition of two new teams in 2022. The potential sale of even a partial stake in a franchise like Punjab Kings could be valued at approximately Rs 540-600 crore, making it a significant financial decision with potentially long-term implications for the franchise.

The case, scheduled for a hearing on August 20, has cast a shadow of uncertainty over the Punjab Kings. Attempts to reach Zinta, Burman, and Ness Wadia, another co-owner, for comments have been unsuccessful.

The dispute highlights the importance of clear and enforceable agreements among franchise owners, especially in the context of rapidly increasing franchise valuations. It also raises questions about the future of the Punjab Kings franchise and the potential impact on its performance in the upcoming IPL seasons.

Preity Zinta's Passion and Involvement in Punjab Kings Revealed by Irfan Pathan

Preity Zinta’s Passion and Involvement in Punjab Kings Revealed by Irfan Pathan

Former India all-rounder Irfan Pathan has shed light on the deep involvement of Punjab Kings co-owner and Bollywood actress Preity Zinta with the team. During a mid-innings discussion on Star Sports, Pathan revealed intriguing details about Zinta’s dedication and emotional investment in the team’s performances.

Pathan, who represented Punjab Kings for three years, spoke highly of Zinta’s passion and support. “She is a wonderful woman. She was quite involved with the team. Haarne pe pareshan ho jaati thi, bahut pareshan ho jaati hai [She gets very upset when the team loses]. But she knows how to control her emotions,” Pathan remarked.

Drawing parallels from Zinta’s acting career, Pathan emphasized her understanding of success and failure. “Since she was a fantastic actor, very experienced and very successful, she knows it is not easy. She knows that every movie can’t be a hit. Similarly, she understands that we can’t win every match,” Pathan elaborated.

Pathan reminisced about Zinta’s calm demeanor, recalling only a few instances of her expressing disappointment after a defeat. He emphasized her professionalism and leadership, noting her rare displays of resentment in the face of adversity. “So, when she had a conversation with us after a defeat. In my three years with the team, we played more than 40 matches and I have seen only 2 or 3 times she showed us some disappointment, otherwise she always remains calm,” Irfan added.

Adding a lighter note to the discussion, Pathan shared a memorable anecdote about Zinta’s gesture of celebrating victories by personally preparing paranthas for the team during their stint in South Africa. “She once made parathas with her hands in South Africa for the team. Almost 40 paranthas by hand, because we won against Chennai Super Kings. She is of a different level of team owner,” Pathan concluded.

Punjab Kings’ remarkable run chase against Kolkata Knight Riders, spearheaded by Jonny Bairstow’s explosive century and Shashank Singh’s impressive batting, marked a historic moment as they surpassed the highest successful run chase record in IPL and T20 cricket history. Despite the defeat, Kolkata Knight Riders’ blistering start, fueled by Phil Salt and Sunil Narine, set the stage for a thrilling encounter at the Eden Gardens, showcasing the electrifying nature of T20 cricket.

Preity Zinta Denies Alleged Quote About Rohit Sharma

Preity Zinta Denies Alleged Quote About Rohit Sharma

Rohit Sharma’s future with the Mumbai Indians has been a subject of intense speculation since he was replaced as captain by Hardik Pandya. Rumors have circulated that he may leave the franchise ahead of the 2025 IPL auction. However, no official confirmation has been made.

Amidst this uncertainty, an alleged quote from Punjab Kings co-owner Preity Zinta went viral on social media. The quote claimed that Zinta would “bet her life” to acquire Rohit Sharma for her team.

Zinta has since taken to Twitter to denounce the quote as fake. She stated that she holds Rohit Sharma in high regard and is a big fan, but has never discussed him in any interview or made such a statement.

Zinta also expressed respect for Shikhar Dhawan, who is currently injured. She suggested that the timing of the fake articles was in poor taste.

Zinta urged the media to refrain from circulating the false information and embarrassing all parties involved. She emphasized that the Punjab Kings’ focus is on winning games and making the most of the 2024 IPL season.

The alleged quote and Zinta’s subsequent denial have added fuel to the speculation surrounding Rohit Sharma’s future. However, until an official announcement is made, it remains unclear whether he will remain with the Mumbai Indians or seek a new home in the IPL.

Preity Zinta's Culinary Treat: 120 Aloo Parathas for Punjab Kings Cricketers

Preity Zinta’s Culinary Treat: 120 Aloo Parathas for Punjab Kings Cricketers

Preity Zinta, the co-owner of the Punjab Kings franchise in the Indian Premier League (IPL), is renowned for her infectious enthusiasm and unwavering support for her team. Despite the team’s lack of title success, Zinta’s energy and passion remain undiminished.

During matches, Zinta is a constant presence, engaging with fans by throwing souvenirs and interacting with broadcasters. In a recent viral video, she shared an anecdote about preparing 120 aloo parathas for the Punjab Kings cricketers.

“I said I want aloo paratha, and they asked who would make it,” Zinta recounted. “The hotel served us bland parathas, so I offered to teach them. The boys said they would make it if I made it for them. They won, so I had to make around 120 aloo parathas.”

Zinta’s unwavering support for her team has made her a beloved figure among Punjab Kings fans. She is often seen cheering from the stands, adding a touch of glamour and enthusiasm to the franchise. Her involvement has also brought her into the spotlight as one of the prominent female franchise owners in the IPL.

Beyond her team’s performance, Zinta’s involvement in the IPL has garnered attention for her enthusiastic support during matches. She has become a prominent figure in the franchise owner circle, known for her infectious energy and unwavering belief in her team.

Currently, the Punjab Kings are placed eighth in the points table with two wins from five games. They will face the Rajasthan Royals in Mullanpur on Saturday, hoping to improve their standings and continue their quest for their maiden IPL title.

Ravi Bopara Recalls Preity Zinta's Paratha Treat and Praises Jasprit Bumrah

Ravi Bopara Recalls Preity Zinta’s Paratha Treat and Praises Jasprit Bumrah

Former England and Punjab Kings all-rounder Ravi Bopara has shared fond memories of his time with the franchise during the 2009-10 Indian Premier League (IPL) season. Bopara, who played for Punjab Kings for two seasons, participated in 15 matches for the team.

One of the most memorable moments for Bopara was when team owner Preity Zinta personally prepared delicious paranthas for him. “Those were the early days in the IPL, when it was a party, those were the great days,” said Bopara in FanCode’s IPL show ‘The Super Over’.

Bopara, who scored 386 runs for Punjab Kings, went on to share a heartwarming anecdote. “The standout moment apart from winning, and getting my highest score, was when Preity Zinta cooked parathas for me. She made them with her own hands. When she asked me what I wanted for breakfast, I mentioned aloo parathas, and she graciously made them herself. I am forever thankful for that gesture,” Bopara said.

Apart from his culinary experiences, Bopara also had high praise for Jasprit Bumrah, saying he is amongst the best T20 fast bowlers in the world, and is likely to be the greatest ever whenever he calls time on his career. He also called on SRH to promote Heinrich Klassen up to no.3 spot based on his impressive form in the tournament so far.

Apart from Punjab Kings, Bopara also represented Sunrisers Hyderabad (in 2015) in his IPL career. He played 9 matches for the Orange Army.

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