Louis Saha, who earned 20 caps for France between 2004 to 2012 and won two English Premier League and 2007-08 UEFA Champions League, is the first marquee player revealed by IMG-Reliance for the January 18-March 30 tournament.
"Saha has confirmed his availability for the tournament and we have signed him," an IMG-Relaince source told PTI.
"He is the first marquee player we can reveal now. The names of other seven marquee players will be announced in a few days time," he said.
"We hope the Indian players will be hugely benefited by playing along as well as against a player of Saha's quality," he added.
Saha, who retired from professional football in August after a short stint at Italian Serie A side Lazio, will be picked by a franchisee in the players' auction which will be held towards the end of next month.
"By the first week of November, the names of other seven marquee players will be known," he added.
The bidding for the eight city-based franchises will be held between October 25 to November 5.
Pune, Mumbai, Chennai, Kolkata, Kochi, Goa, Delhi and Bangalore will be the eight cities where the franchises would be based, while Guwahati and Hyderabad have been kept in the reserves.
After stints at English Premier League sides Newcastle United and Fulham, Saha was bought for around 12.4 million pound by Manchester United in 2003-04 season.
Though injuries plagued his Old Trafford career, he was part of Premier League winning sides in 2006-07 and 2007-08 and that of 2007-08 UEFA Champions League winning team.
United stars Wayne Rooney and Rio Ferdinand have high regard for Saha, describing him as one of the best strikers they have ever played with or against.
Saha made his France debut in 2004 and the country at UEFA Euro 2004 and the 2006 FIFA World Cup in Germany. Unfortunately, he was suspended for the final against Italy after receiving a yellow card during the semi-final victory over Portugal.
He lasted played for France against Germany in February last year.
The IPL-style football tournament will feature 22 players in each team, with 10 foreign players, including a marquee player. Each franchise will also include eight domestic players and four local players from the catchment area in the under-23 category.
IMG-Reliance, the commercial and marketing partner of the All India Football Federation, has already signed 39 domestic players and 20 players of AIFF developmental side Pailan Arrows will also be part of the league.
The international players are expected to be signed up for four months and it would be a mix of players who are free agents, recently retired and those who are coming on transfer or loan.
The opening match of the tournament will be played in Mumbai.