Kings XI Punjab is the team co-owned by actress Preity Zinta and industrialists Ness Wadia, Karan Paul, and Gaurav Burman. Kings XI Punjab is led by Kumar Sangakkara, while Tom Moody is the coach.
There were reports on a certain news channel that they have sold the team to Hero Honda group.
However Hero group as well as Priety Zinta have reported these news as baseless...
Preity posted on her Twitter page this 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,"