The Punjab Kings IPL franchise is embroiled in a legal dispute as co-owner Preity Zinta challenges fellow owner Mohit Burman’s plan to sell 11.5% of his shares. Zinta’s appeal, filed in the Chandigarh High Court, claims Burman’s action breaches an internal agreement requiring shares to be offered to existing promoters first. Burman, who holds 48% of the franchise, has denied any sale intentions. The case, set for August 20, highlights internal conflicts amid rising franchise valuations.
PBKS owner Preity Zinta files appeal against stake sale: Report
