Salman Khan is the latest cine star to join the Indian Premier League (IPL) gravy train and has expressed interest Salman Khan in buying a team.

Salman met IPL chairman and commissioner Lalit Modi on Wednesday and was briefed about the nitty-grittes of buying an IPL franchise.

The fourth season of the IPL in 2011 will see two new teams and they would be up for grabs through a bidding process later this year.

Modi said Salman is interested in buying an IPL team.

"He has been interested to buy a team for quite some time," Modi added.

"Today we had a brief meeting and I explained him how to go about with the task. I can assure you that Salman is not the only star who is thinking to buy a team. I have had around 28 queries and the list will surely go up," he said. IPL vice-president Niranjan Shah said that Salman is a serious buyer and will bid for one of the two new teams.

"Salman is a serious buyer and is contemplating to buy an IPL team. He came along with couple of his friends and was briefed by Lalit on the procedure to buy IPL franchise," said Shah. Shah went on to add that cities like Ahmedabad, Nagpur and Vishakhaptanam are in fray to be the hometown for new teams. "It will be an open tender process and the city that gets the highest bidder will be the new IPL team," he said.

IPL franchise in the 2011 season may cost over $200-300 million.

Bollywood stars like Shah Rukh Khan and Juhi Chawla are the co-owners of Kolkata Knight Riders while Preity Zinta is also a joint owner of Kings XI Punjab. Shilpa Shetty and her boyfriend Raj Kundra also bought some stakes in Rajasthan Royals.

Sources also indicated that Bollywood stars Sanjay Dutt and Ajay Devgan were also interested in owning IPL teams.

Tenders for the new teams will be out in November-December 2009 and bidding will be done by January 2010.