We have not sold Kings XI Punjab: Preity Zinta

We have not sold Kings XI Punjab: Preity Zinta
Thursday, February 11, 2010 12:41 IST
By Santa Banta News Network
The Hero Group has not acquired Kings XI Punjab, one of the eight franchisees of the Indian Premier League (IPL) T20 cricket tournament, the company as well as Preity Zinta, the co-owner of the team, clarified Wednesday.

"Hi everyone! Just want to clarify that we have not sold the team to Hero Honda! Another example of how the media can get it all wrong, " Preity posted on her Twitter page Wednesday following TV channel reports that the team had been bought over.

"The reports are absolutely baseless. Neither has the group acquired Kings XI nor was it in talks for such an acquisition, " a spokesperson for the Hero Group told in the capital.

Kings XI Punjab is co-owned by actor Preity and industrialists Ness Wadia, Karan Paul, and Mohit and Gaurav Burman. Kings XI Punjab is led by Kumar Sangakkara, while Tom Moody is the coach.

"It is not true -- totally baseless. We have not sold Kings XI Punjab to anyone. These are just speculations. We have no information regarding this, " added Anil Srivatsa, the chief executive of the franchisee, said reacting to reports.

"I don't know from where this news has emerged. We are also verifying from where these reports have come, " Srivatsa told in Chandigarh.

Hero Honda also re-affirmed its association with the IPL and Delhi Daredevils, another franchisee.

"Hero Honda's association with IPL as an associate sponsor and the main team sponsor of Delhi Daredevils team remain unchanged, " it said in a statement.

The $3. 5-billion Hero Group, which started operations as a small component company for the bicycle industry more than 50 years ago, is the largest manufacturer of two-wheelers in the world today and has a 21-year-old collaboration with Honda of Japan.

The group is a sponsor of several major sporting events, including a high-profile golf tournament and has set up the Hero Indian Sports Academy to recognise, build and award outstanding talent within the country.

The third edition of the IPL begins March 12 with holders Deccan Chargers taking on Kolkata Knight Riders in Mumbai.
Marvel's Unexpected Team-up is here! Thunderbolts Tickets open now!

This isn’t just another chapter; it’s the beginning of a whole new era. With fresh alliances, unforeseen twists, and

Saturday, April 26, 2025
Kull - The Legacy Of The Raisingghs Trailer: One Family, One Curse, Too Many Secrets!

This summer, enter a realm where loyalty is fragile, secrets simmer beneath the surface, and blood

Saturday, April 26, 2025
Wamiqa Gabbi Radiates Emotion Ahead of 'Bhool Chuk Maaf' Release!

As anticipation builds for the release of Bhool Chuk Maaf, actress Wamiqa Gabbi has captured hearts on social

Saturday, April 26, 2025
Veer Pahariya Melts Hearts with Adorable Gym Session Featuring His Pet Dog!

Bollywood’s newest action sensation, Veer Pahariya, recently gave fans a heartwarming glimpse into his

Saturday, April 26, 2025
Saif Ali Khan says he hated himself on the first day of shooting Jewel Thief: The Heist Begins in IMDb exclusive!

Jewel Thief- The Heist Begins, the action heist thriller starring Saif Ali Khan, Jaideep Ahlawat, Kunal Kapoor

Saturday, April 26, 2025
ADVERTISEMENT
ADVERTISEMENT