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Red Bull Acquires Minority Stake In Leeds United
Leeds United has recently disclosed that Red Bull has obtained a minority stake in the club and will be prominently displayed as the front-shirt sponsor for the upcoming season.
Red Bull currently holds majority ownership in two European clubs, RB Leipzig and FC Salzburg, both of which showcase the company’s logo on their club badge. Additionally, Red Bull owns a Formula 1 racing team.
Leeds has confirmed that the club’s name and logo will stay unchanged and has expressed their excitement about the partnership with the company.
“I am thrilled that Red Bull is joining us to build a bright future for Leeds United and shares our deep respect for this truly special club,” Leeds chairman Paraag Marathe said.
“As Chairman, our consortium of investment partners will be invaluable to me as we approach this important moment for the club, now and into the future. Red Bull’s addition is a historic milestone that will further empower the club to reach its full competitive potential.”
Red Bull CEO of corporate projects and investments Oliver Mintzlaff said, “The ambition to bring Leeds United back to the Premier League and establish themselves in the best football league in the world fits very well with Red Bull. We look forward to the partnership and are optimistic and energized about the future.”
Leeds United failed to secure a quick comeback to the Premier League last weekend as they were defeated by Southampton in the Championship playoff final.
