Red Bull, the energy drink brand, is reportedly exploring the possibility of buying a football club in the English Premier League. Ralf Rangnick, the sporting director of Red Bull-owned Salzburg, is said to be tasked with identifying a suitable English club for acquisition. The objective behind Red Bull’s interest in football clubs is to establish a strong presence in European football. Potential targets mentioned include Everton, Liverpool, Crystal Palace, and West Ham. Red Bull already owns a football club in New York and has previously been involved in football ownership with clubs like RB Leipzig in Germany and Red Bull Brasil in Brazil.
SPORT AND BUSINESS: A DRINK WANTS TO TAKE OVER AN ENGLISH FOOTBALL CLUB
