Bangalore Royal Challengers owner Vijay Mallya in consultation with his team.
Hard-hitting Kevin Pietersen, who was England's captain till recently, was bought by Bangalore Royal Challengers for a whopping $1.55 million (appr Rs 7.35 crore).
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"I was always keen to get Pietersen. He would be a superb addition to the team. We had a list of players before the auction and KP topped that list. We needed to strengthen our batting and I was prepared to pay more for him," Mallya said.
"It is a worthwhile investment and ensure the balance that we wanted in our team", he said.
Also read: 'KP a superb addition to our team'