"The basic strategy to leave Yuvraj was to ensure that the purse of other teams are also defeated so that you are able to get better players while going forward," he told reporters here at the IPL-8 auction here.
However, Murali said the team would have liked to have Yuvraj back in the squad but unfortunately it did not materialise.
"We would have liked to have him back in the team, but unfortunately it was not to be," he added.
Preity Zinta, co-owner of Kings XI Punjab, also expressed her team's desire to have Yuvraj in the side.
"When we started he was with us. It is just not me, but the team is very fond of him. Now he is such a big player, it is very difficult to buy him. So, we tried - and the price he went for was amazing and we will always want him," he said.
However, the team management wanted Murali Vijay in the side, Preity said.
"We did not have the coach and the captain with us, so it is important both the captain and the coach should be aligned with what we do," he added.
Chennai Super Kings Coach Stephen Fleming expressed his happiness to get back Mike Hussey into the side as he would boast the batting up the order.
"It is good. He is obviously covered for our batting. He was a key component of our side for so long. I don't think he is done yet. He has some energy left in his legs, and we are happy to have him back in the side," he added.
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