Punjab Kings is regarded as one of the Indian Premier League's most underappreciated teams. Since its beginning in 2008, Punjab Kings (formerly known as Kings XI Punjab) have been unable to win the championship. In 2014, the squad came extremely close to winning the trophy. In Bangalore, the George Bailey-led team came in second place behind Kolkata Knight Riders. Despite the franchise's lack of success in the IPL, Preity Zinta remains one of the franchise's most devoted co-owners.
Some of the best cricketers in the world have played for the Punjab Kings. In the early days of the cash-rich competition, players like Yuvraj Singh, Virender Sehwag, Kumar Sangakkara, Adam Gilchrist, and Hashim Amla helped the squad move from strength to strength. KL Rahul has been given the leadership baton as the club management has entirely rebuilt their roster, bringing in both new and veteran players.
Punjab Kings' 14-year IPL journey had been marked by significant ups and downs. In terms of the team's owners, the franchise was founded in 2008 as Kings XI Punjab (KXIP). Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul are the joint owners of the brand. All four people are millionaires, and they ultimately decided to band together to purchase an obscenely expensive team as the IPL bomb was about to detonate throughout the globe.
Mohit Burman of the Dabur group (46 percent), Ness Wadia of the Wadia group (23 percent), Preity Zinta (23 percent), and Saptarshi Dey of the Dey & Dey Group (23 percent) bought the squad (minor stake). To fully buy the Punjab-based franchise, the company had to spend a total of $76 million.
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In the 14th season of the IPL, Satish Menon has been named Punjab's CEO. Despite the fact that the squad has yet to win the title, the presence of high-profile players like as KL Rahul and Chris Gayle adds importance to the batting order.
The PCA Stadium in Mohali is where the squad plays its home games. The squad was banned in 2011 due to suspected meddling in the IPL controversy in 2010. Despite this, the prohibition was removed when the Mumbai High Court intervened. Indian entrepreneurs who are multi-billionaires gamble with hope and vigor. Eventually, their choices began to pay off handsomely, as they now have a strong fleet of cricketers who compound the team's brand value year after year.
The Indian Premier League's brand value has risen by leaps and bounds throughout the years. The value of elite franchises' brands has risen dramatically over time. Unfortunately, because to the global epidemic, yearly revenue as well as brand value have suffered a significant impact. Punjab Kings' brand worth is INR 318 crores, according to a recent research conducted in 2020. It is presently ranked number seven, ahead of only Rajasthan. When compared to the data for 2019, which were INR 358 crores, it is possible to conclude that the pandemic has had a negative impact on the team's brand value.
The study was undertaken by Duff & Phelps IPL Brand Valuation Report, a well-known firm. As a result, after the pandemic blues have faded from the earth, the monetary worth of Punjab Kings will grow.
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Punjab Kings (PBKS) co-owner Mohit Burman has indicated that a senior player may take over as captain of the team, putting Shikhar Dhawan ahead of Karnataka batter Mayank Agarwal in the contest.
Dhawan has previously led Sunrisers Hyderabad (SRH), and it was recently rumoured that he may take over. However, since Agarwal was one of the mega auction's retained participants, he might be considered for the post.
"I believe having a veteran player who has previously played with you to lead the squad is a significant benefit." He comprehends the coach's viewpoint. Burman told News9 Sports, "He has a fantastic chemistry with the coaches, and the aim is to provide him a solid group of players that fill out all of the positions."
Burman also indicated that the auction approach was straightforward, with the goal of ensuring that the team is well-balanced and capable of holding their own in high-pressure scenarios.
"Our aim was to place extremely capable lieutenants in every position, making it much simpler for the captain to not just lead but also to contribute to the squad." As a result, rather than having one strong leader, I wanted to create an equal playing side that would seem as a powerful team," Burman said.
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At the auction, PBKS paid INR 8.25 crores for Dhawan, indicating that they were prepared to go to such lengths to have him lead the club. Apart with Agarwal, the franchise also kept bowler Arshdeep Singh.
Punjab Kings' IPL 2022 squad
Mayank Agarwal, Prerak Mankad, Bhanuka Rajapaksa, Shahrukh Khan, Jonny Bairstow, Prabhsimran Singh, Jitesh Sharma, Benny Howell, Baltej Singh, Ansh Patel, Liam Livingstone, Rishi Dhawan, Atharva Taide, Odean Smith, Raj Bawa, Harpreet Brar, Kagiso Rabada, Arshdeep Singh
Owner of the Punjab Kings in 2021: Kings XI Punjab, which is currently known as Punjab Kings, is a franchise-based cricket team that has competed in the Indian Premier League since its inception. Fans are often inquisitive as to who owns the Punjab Kings.
You've come to the proper location if you're one of those fans. Here you can discover thorough information about the owner of the Punjab Kings (Kings XI Punjab owner).
Punjab Kings have been a member of the Indian Premier League (IPL) since its inception in 2008. They are one of the original eight clubs that have competed in the tournament.
Since the IPL's debut in 2008, the Punjab Kings have not won a single title. In 2014, the Punjab Kings had their most successful season. When George Bailey's side finished second in a match against the Kolkata Knight Riders in Bangalore.
KL Rahul has been named captain for the time being, since the team's administration has given it a whole new face with the change of name in February 2021.
kings xi punjab is partly owned by which bollywood starlet?, who is the owner of kings xi punjab
Punjab Kings (PBKS) is owned by who?
The Indian Premier League (IPL) was established in 2007 by the Board of Control for Cricket in India (BCC). In February 2008, the eight franchises representing eight distinct Indian towns were auctioned off in Mumbai.
Mohit Burman of the Dabur group (46 percent), Ness Wadia of the Wadia group (23 percent), Preity Zinta (23 percent), and Saptarshi Dey of the Dey & Dey Group (23 percent) won the Panjab franchise in that auction (minor stake). This franchise cost the organization a total of $76 million to acquire.
Mohit Burman (Dabur), Ness Wadia (Wadia Group), Preity Zinta (PZNZ Media), and Karan Paul are now joint owners of the franchise (Apeejay Surendra Group). Satish Menon is the Punjab Kings' designated CEO at the moment.
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