Franchise History
The first owners of the franchise included Preity Zinta, Karan Paul (Apeejay Surendera Group) and Mohit Burman (Dabur). The group paid a total of $76 million to acquire the franchise. On 10 October 2010 the franchise agreement of Kings Xl was terminated by the IPL committee along with Rajasthan Royals due to their disputes. But they were brought back.
Read more about this topic: Kings XI Punjab
Famous quotes containing the words franchise and/or history:
“Many famous feet have trod
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Concerning franchise in eternity....”
—Philip Larkin (1922–1986)
“Let us not underrate the value of a fact; it will one day flower in a truth. It is astonishing how few facts of importance are added in a century to the natural history of any animal. The natural history of man himself is still being gradually written.”
—Henry David Thoreau (1817–1862)