Leeds United have announced that Red Bull has become a minority investor in the club and that the company's logo will appear as their sponsor on the front of the shirt next season.
Red Bull already has majority ownership in two clubs in Europe: RB Leipzig and FC Salzburg, both with the drinks company's logo on their club crest. Red Bull also owns a racing team that competes in F1.
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Leeds confirmed the club's name and logo will remain the same but welcomed the company's partnership.
“I am delighted that Red Bull is joining us to build a bright future for Leeds United and share our deep respect for this truly special club,” said Leeds president Paraag Marathe.
“As Chairman, our consortium of investment partners will be invaluable to me as we approach this important moment for the club, now and in the future. The addition of Red Bull is a historic milestone that will allow the club to reach its full competitive potential. “
Oliver Mintzlaff, Red Bull CEO, corporate projects and investments, said: “The ambition to bring Leeds United back to the Premier League and establish itself in the best football league in the world fits very well with Red Bull. We look forward to the association and we are optimistic. and full of energy for the future.
Leeds missed out on a quick return to the Premier League last weekend, losing in the Championship playoff final to Southampton.
