section_path: Controversies/Rajasthan Royals ownership dispute
section_name: Rajasthan Royals ownership dispute
paragraph_text: Rajasthan Royals ownership dispute
  
  In 2010, the BCCI president Shashank Manohar stated in a press conference that the IPL Governing Council did not know the true identities of the owners of the Rajasthan Royals (RR) and Kings XI Punjab (KXIP). Amid the controversy, Shilpa Shetty stated via Twitter that she was a proprietor of the RR. Manohar revealed that during the franchise bidding process, only Preity Zinta had initially come forward to bid for the KXIP. Zinta subsequently formed a company and signed a franchise agreement with the BCCI; however, it was later revealed she did not hold any shares in her name within that company. Manohar alleged that Shetty and Zinta may have violated their agreements, as prior permission from the BCCI was mandatory before transferring ownership shares to other individuals.
  
  In 2010, the BCCI president Shashank Manohar stated in a press conference that the IPL Governing Council did not know the true identities of the owners of the Rajasthan Royals (RR) and Kings XI Punjab (KXIP). Amid the controversy, Shilpa Shetty stated via Twitter that she was a proprietor of the RR. Manohar revealed that during the franchise bidding process, only Preity Zinta had initially come forward to bid for the KXIP. Zinta subsequently formed a company and signed a franchise agreement with the BCCI; however, it was later revealed she did not hold any shares in her name within that company. Manohar alleged that Shetty and Zinta may have violated their agreements, as prior permission from the BCCI was mandatory before transferring ownership shares to other individuals.