|Owners||Preity Zinta, Ness Wadia, Karan Paul (Apeejay Surendera Group) and Mohit Burman (Dabur)|
|Home Ground||Punjab Cricket Association Stadium|
|Franchise fee||$76 million|
|Most expensive player||Yuvraj Singh - $1,063,750|
In 2009, the spectacular South African setting did little to embellish the team's chances - they bowed out before the semis, depleted by the absence of Brett Lee and Sreesanth at various stages. Left-arm paceman Yusuf Abdulla was one of the finds of the tournament and he has been retained for the third edition. Luke Pomersbach and Nuwan Kulasekara were bought our ahead of the 2010 auction while they picked former India batsman Mohammed Kaif who is expected to recreate the magic with Yuvraj Singh in the Punjab side under new captain Kumar Sangakkara.
The owners of the franchise include Preity Zinta, Ness Wadia (Bombay Dyeing), Karan Paul (Apeejay Surendera Group) and Mohit Burman (Dabur). The group paid a total of $76 million to acquire the franchise.
|Coach||: Tom Moody|
|Captain||: Kumar Sangakkara|
|Colors||: Red and White|
|CEO||: Anil Srivatsa|