Royal Challengers Bangalore co-owner Siddhartha Mallya on paying a whopping $1 million to purchase India pacer R Vinay Kumar.

"We had Vinay in mind before the auction and I am happy that we have managed to buy him. He brings a lot of value to the team. With seven Indian players needed in the playing XI, we needed top quality players and Vinay is one of them. He has proved himself as a great T20 player in recent T20 matches against Australia. He is economical and can also bat. He is also the Karnataka Ranji team captain and off the field he is a big motivator for the local guys. It's great to bring him back to the team."

Mallya believes getting veteran Muttiah Muralitharan is also a big positive for RCB.

"I think Muralidharan was a steal for us. Getting a player of Murali's stature for such a price is really great. We have Daniel Vettori, but in case he is not available for any reason, we now have Murali. With Anil as a mentor and Dan and Murali in the side, these three can also help us in developing young spinners. Anyone with over 1000 international wickets is a great asset to the team."