The IPL auction unabashedly displays cricket’s new-found financial muscle © Associated Press By Freddie Wilde, UK A cool $800,000 has already been spent within five minutes, as Michael Clarke is being introduced as the third player up for auction. But then, just before bidding commences, a member of the Pune Warriors entourage waves across the room to someone. Richard Madeley, the auctioneer, stops his introduction and melodramatically peers over his glasses in the direction of the man and exclaims: “Don’t wave at your friends! That’ll cost you $25,000 every…