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Vijay Mallya's coughed up Rs 14 crore for, making him the most expensive player in history, incidentally, on a day when Mallya's grounded reported a 3rd quarter loss of Rs 822 crore. However, the purchase was soon engulfed in controversy with Mallya lodging a formal complaint. Mallya said he had to pay Rs 4 crore extra for his prized catch, as the auctioneer allowed bidding after his last call of Rs 10 crore when Kolkata Knight raised an objection. 'When the auctioneer's hammer goes down in an auction the sale is final. Unfortunately, this procedure was not followed in Yuvraj's case. RCB have written to the IPL chairman in this regard,' UB Group's Prakash Mirpuri told ET.

IPL chairman Ranjib Biswal confirmed receiving a complaint from RCB, but declined tocomment any further. Earlier in the day, Singh beat 's record of Rs 11.04 crore paid to him by Shah Rukh Khan's Knight Riders in 2011. 'A clear trend that emerged from the auction was that the franchises were willing to shell out more for Indians. The supply of quality foreign players is higher than the demand,' said Arvind Iyengar, CEO of Sportz Interactive, a company into sports-related data and research. The Mudgal panel findings that indicted Chennai Super King's former 'principal' Gurunath Meiyappan in a betting scandal of 2013 failed to deter owners, organisers and sponsors who turned up in big numbers at the Gardenia for the first day of the auctions. Among those present were Mumbai Indians owner Nita Ambani, her son Akash, Kings XI Punjab co-owners Preity Zinta and Ness Wadia and Mallya. Notable absentees were Khan, Mallya's son Siddharth and Meiyappan besides Rajasthan Royals co-owners Raj Kundra and Shilpa Shetty who too are under a cloud after the Mudgal panel report.