Red Bull launch first move into English football as they purchase stake in former Premier League giants
RED BULL have made their first move into English football by purchasing a minority stake in Leeds.
The soft drinks company have a huge foothold in sports with successful racing and football teams.
They own RB Leipzig in Germany, Salzburg in Austria and MLS' New York Red Bulls as well as a F1 winning race team.
But now they are set to make a move into English football with an investment which will see it join Leeds’ existing ownership group.
According to The Athletic, Red Bull are also set to be a shirt sponsor of Leeds next season.
Leeds are run by 49ers Enterprises, the private equity arm of the San Francisco 49ers NFL franchise.
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They joined at Elland Road as minority shareholder in 2018 before purchasing 100 per cent control from Andrea Radrizzani last year.
Earlier this month SunSport revealed Hollywood star Will Ferrell was the latest high-profile figure to add his name to the list of Leeds investors.
Ferrell - who has an estimated net worth of £127million and is co-owner of Los Angeles FC - enjoyed a whistle-stop tour of English football last season.
He formed an unlikely friendship with England star Jack Grealish during a surprise TV appearance at the Etihad last February.
He also saw League Two club Wrexham - co-owned by actors Ryan Reynolds and Rob McElhenney - beat Wealdstone 3-1 on the same trip, enjoying a pint in the pub before the game.
Red Bull and Ferrell's investment come after Leeds suffered play-off heartache losing in the final to Southampton to remain in the Championship.