Red Bull diluted: Energy drink giant reduces stake in Leeds United Sport Business Red Bull’s stake in Leeds United has reduced to below 10 per cent after the German energy drinks company declined the opportunity to invest in the issue of £120m of new shares ahead of the club’s return to the Premier League. The new funding has been provided by members of the 100-strong consortium of investors [...]
Springboks face new bid for stake by Leeds United private equity investors Ackerley Sports Group Sport Business The world champion Springboks could sell off a stake of their commercial rights company to investors in Leeds United as South African rugby looks for a stronger financial footing. Seattle-based firm Ackerley Sports Group LLC is reportedly set to revive plans to invest in the 2023 Rugby World Cup winners after an initial bid foundered [...]
Embattled ref ‘strongly denies’ spot-fixing claims after FA launches probe Sport Under-fire Premier League referee David Coote has strongly denied an allegation of spot-fixing that is being investigated by the Football Association. Coote – already suspended by referees’ body PGMOL for unguarded comments he appeared to make about former Liverpool manager Jurgen Klopp – refutes the claim that he issued a premeditated yellow card in a [...]
Red Bull Leeds? Energy drink giant buys stake in Championship club May 30, 2024 Energy drinks giant Red Bull have this morning completed the purchase of a minority ownership stake in Championship club Leeds United. The club confirmed the partial acquisition when Red Bull were confirmed as a front-of-shirt partner for the club who lost the play-off final last weekend to Southampton. “Minority ownership in Leeds” A statement read: [...]
Championship play-off final: Has the richest game in football peaked in value? May 25, 2024 The match is estimated to be worth £170m to £305m in additional revenue to the winners.
Championship mania: Leicester, Ipswich, Leeds and Southampton locked in epic promotion race April 22, 2024 With three games remaining, four teams are still scrapping over the two automatic promotion places.