Salman Khan wants to buy an IPL franchise

Salman met IPL Chairman and Commissioner Lalit Modi today and discussed the procedure to buy a team for the 2011 edition which will see the addition of two more franchises.
Modi disclosed that Salman was in discussion with him on this matter for the last few months but they had a formal meeting only now.
"We were having a discussion for last few months but this is our first official meeting," Modi said.
Modi said although it was too early to say anything but he felt the actor was a "serious buyer".
"He was interested to know what it takes to own a team, what's the process, when it will be initiated and what's the timeline for it. I think he is a serious buyer," Modi said.
Asked if he was interested in any particular existing team or a new team, Modi said "it's for a new team".
IPL is set to introduce two new teams in the 2011 season and the franchise may "cost over USD 200-300 million".
At present, Shah Rukh Khan and Juhi Chawla (Kolkata Knight Riders), Preity Zinta (King's XI Punjab) and Shilpa Shetty (Rajasthan Royals) are associated with the high-profile Twenty20 cricket tournament.

Modi also disclosed that he had a long list of celebrities interested in buying a team in the IPL. "We have large number of people interested in it with over 20 celebrities asking to become franchisees, although I don't want to name them," he said.
Modi also admitted that having a film star added to the glitter of the event.
"It does add to the spark (of the event)," he said.
Modi said the IPL organising committee will inform all the prospective buyers once it begins the bidding process.