Menu
Download the app

SBJ subscribers – Enhance your experience with the revamped iOS app

Franchises

Red Bull Denies Cellino's Claim It Is Bidding To Buy League Championship Side Leeds United

Red Bull has denied League Championship side Leeds United Owner Massimo Cellino's claim that it is "bidding to buy" the club, according to Phil Hay of the YORKSHIRE EVENING POST. Red Bull rejected comments made by Cellino in which he said it had "tabled an offer for Leeds with the club's majority shareholder, Eleonora Sport (ESL)." Cellino made the claim on Friday after "initially denying reports that Red Bull was poised to strike" a £60M ($89.7M) deal and "hoped to secure control of Leeds within the next three weeks." Red Bull, which already runs professional clubs in Germany, Austria and the U.S., has been linked with a takeover at Elland Road for "many months," though it previously "denied any interest in acquiring Leeds amid intense speculation last November." Red Bull Head of Global Football Marketing Oliver Mintzlaff said, "Another involvement in football is not planned." Cellino said on Friday, "There is an offer. I didn't know about it but I spoke just now with Giampaolo Caboni, one of the directors of Eleonora Sport. He said Red Bull has made an offer for the club. The shareholders will have to think about it. I don't know what they will do." ESL currently owns more than 97% of shares in Leeds United, with former owner Gulf Finance House "retaining the remaining stake" (YORKSHIRE EVENING POST, 4/5).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2015/04/07/Franchises/Red-Bull-Leeds.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2015/04/07/Franchises/Red-Bull-Leeds.aspx

CLOSE