Saif Ali Khan and Kareena Kapoor too Bid For an IPL Team and Lose

Saif Ali Khan reasons why he lost the bid at the IPL auction.

Yesterday besides Salman Khan, Saif Ali Khan and Kareena Kapoor too made a bid for the Pune IPL team at Chennai's auction, but lost to the Sahara group.

But Saif, in his usual style, takes it on the chin. He isn't disappointed that they lost the bid. He views it as just like a business deal and he accepts that no one can't win them all.

Saif says, "It is a business proposition that made sense to us at a certain price -- but certainly not at $370 million! And it doesn't make economic sense to us anymore."

Was bidding for the team was because he comes from a "crickey family" or because it made good business sense? Saif says candidly, It was bothâ we love cricket. And glamour and IPL go together well - but at a certain price only."