Report Claims Red Bull Looking To Expand Football Ownership, Buy English Club
Red Bull wants "to buy a football club in England -- and ‘give it wings’ to make it big," according to Alan Nixon of the London MIRROR. The Austria-based energy drinks firm is "on the look-out for a suitable club," with Anglophile coach Ralf Rangnick, who is also the Sporting Dir of Red Bull Salzburg, "heading the search." As well as current Austrian league leaders Salzburg, Red Bull "already owns clubs in Germany, New York, Brazil and Ghana." Rangnick, who almost got the Everton job in the summer, "has been tasked to find a club in England for their latest move into ownership." An insider in the deal said, “Red Bull want a team to take into the Champions League. It is the only market they have not reached yet. Ideally this would be in the London area, but both Everton and Liverpool interest them too because it would not take much to get them to that level." News of Red Bull’s interest "is spreading rapidly and there should be no lack of willing sellers" (MIRROR, 10/12). In London, David Kent reported Red Bull F1 team principal Christian Horner "does not believe the energy drinks company is on the brink of a takeover" at a Premier League club. However, he "would not be surprised if it made a move in the future." Horner: "I would doubt it. They have got their own team in Salzburg, they have another one in Germany, so I am not sure they would want to take another one on at the moment, but with Red Bull, you never know" (DAILY MAIL, 10/13).