Who owns punjab kings

Cricket

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The Punjab Kings is a franchise cricket team based in Mohali, India that plays in the Indian Premier League (IPL). The team was established in 2008 and has since been part of the high-profile annual tournament. However, not everyone knows about the ownership behind this celebrated sports team. The consortium responsible for owning the Punjab Kings consists of five prominent figures who have contributed immensely to the world of entertainment and business.

1. Preity Zinta

Among these individuals, actress Preity Zinta stands out as one of the most recognisable faces. A long-time fan of cricket, her passion for the sport matched with her star appeal made her a perfect fit for this consortia. She holds a 23% stake in the Punjab Kings and is an active participant on the ground during matches, frequently seen cheering her team from the stands.

Implications of Female Ownership in IPL

Zinta’s involvement has more implications than mere celebrity endorsement. Being among the only female owners in IPL, she breaks down gender barriers within male-dominated professional sports and offers inspiration for women aspiring to be involved in such enterprises.

2. Ness Wadia

Business tycoon Ness Wadia owns another significant share of 23%. He hails from renowned industrial family – Wadia Group who trace their roots back to 1736 and have diversified interests across textiles, aviation, healthcare and electronics sectors among others.

Wadia’s Role & Contribution

His business acumen along with understanding of how to create successful ventures makes him an invaluable asset to run the operations of Punjab Kings effectively.

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3. Mohit Burman

Mohit Burman represents Dabur Group’s interest in Punjab Kings with a stake of 46%. As part owner, he adds his substantial expertise from having steered businesses towards profitability and growth.

Significance of a Corporate Leader’s Involvement

His involvement as part-owner reflects the growing interest of corporate leaders in professional sports.

4. Karan Paul

Karan Paul, chairman Apeejay Surrendra Group, holds a stake of 4% in the team. With his group having interests across tea, hospitality and shipping industries – his partnership provides strength and stability to Punjab Kings through various synergies.

Potential Synergies for Punjab Kings

Aligning the goals of professional sporting with other diversified business avenues reassures investors about team’s financial sustainability.

5. The Remaining Stake: Unknown

The remaining 4% ownership has not been publicly disclosed leading to speculation regarding the possible identities of these stakeholders. This intrigue adds another level of mystique that surrounds the enigmatic world of IPL cricket franchises!

To sum it up, Punjab Kings is owned by a consortium composing of powerful figures from cinema, business, and industry who steer it to success tackled with passion and expertise. True to its motto ‘Live Punkjabi Play Punjabi’ – this franchise spells more than just cricket; it represents unabated spirit and lively culture woven into every match they play which has made them one of most loved teams in IPL.

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