Kings XI Punjab continues to be a loss making venture with the accumulated losses of the company nearing Rs 50-60 crore so far, but the franchisee is hopeful of breaking even this fiscal.

Indian Premier League chairman Rajiv Shukla on Thursday said that he has sought a report from the match referee over the incident involving Kings XI Punjab owner Preity Zinta during her side's IPL match against Kolkata Knight Riders in Mohali.

Kings XI Punjab captain Adam Gilchrist on Thursday said that he did not hear any adverse comments from the umpires on his team owner Preity Zinta who apparently had an exchange of words with them during the IPL match against Kolkata Knight Riders here.

He is one of the most popular international cricketers in India but Australian speedster Brett Lee said he wasn't sure if any of the IPL franchises would be interested in picking him up and was stunned when he fetched USD 900,000 in the inaugural auction.

Inspired by Bollywood actress and team co-owner Preity Zinta's motivational speech, Kings XI Punjab will be out there to prove a point or two against table toppers Mumbai Indians in their next IPL match here on Tuesday, said all-rounder David Hussey.

They've braved expulsion, multiple court cases and, for one of them, a diminished salary cap just to participate in the 2011 IPL. Despite all those question marks, though, Rajasthan Royals and Kings XI Punjab wear their success literally on their sleeve.

President Pratibha Patil and her Sri Lankan counter-part Mahinda Rajapaksha were among the host of high-profile personalities who attended the India-Sri Lanka World Cup final match at a fully packed Wankhede stadium on Saturday.

Kings XI Punjab announced a 23-member final squad for the fourth edition of the Indian Premier League on Tuesday, scheduled to be held from April 8 to May 28.