"Red Bull Acquires Minority Stake in Leeds United"

1 min read
Source: The New York Times
"Red Bull Acquires Minority Stake in Leeds United"
Photo: The New York Times
TL;DR Summary

Red Bull has purchased a minority stake in Leeds United and will be the club's main front-of-shirt sponsor next season. Leeds chairman Paraag Marathe assures fans that the club will not undergo a rebranding similar to other Red Bull-owned teams and that the partnership aims to leverage Red Bull's global sporting success to elevate Leeds' profile and competitiveness. The deal is a minority investment with no plans for a full buy-out or significant changes to the club's identity.

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