In a dramatic turn of events, Punjab Kings co-owner Preity Zinta has reportedly taken legal action against fellow co-owner Mohit Burman over his plans to sell an 11.5% stake in the Indian Premier League (IPL) franchise. The dispute, which has sent shockwaves through the IPL community, centers around Zinta’s objections to Burman’s decision, which she believes could undermine her interests in the team.
The Punjab Kings, a franchise known for its passionate fanbase and star-studded ownership, has found itself embroiled in internal conflict as the two prominent stakeholders clash over the future of the team’s ownership. Zinta, a Bollywood actress and one of the most recognizable faces of the IPL, is reportedly concerned that the sale of the stake could dilute her influence within the franchise and potentially impact the team’s operations and decision-making processes.
Sources close to the matter suggest that Zinta feels blindsided by Burman’s move, arguing that such a significant decision should involve the consent of all major stakeholders. The legal battle is expected to revolve around the terms of their ownership agreement and whether Burman is within his rights to proceed with the sale without Zinta’s approval.
Burman, on the other hand, is said to be exploring options to restructure his investments, with the sale of the 11.5% stake being a part of his broader financial strategy. However, Zinta’s legal challenge could complicate these plans, potentially leading to a protracted courtroom battle.
The outcome of this dispute could have far-reaching implications for the Punjab Kings, both in terms of ownership structure and team dynamics. Fans and analysts alike will be watching closely as this high-stakes legal drama unfolds, with the future of one of the IPL’s most talked-about franchises hanging in the balance.