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The Independent UK
The Independent UK
Sport
Harry Latham-Coyle

Red Bull has just purchased another sports team

  • Energy drink giant Red Bull has completed a takeover deal for Premiership Rugby club Newcastle Falcons.
  • The club will be rebranded as the Newcastle Red Bulls and will compete under this new name from the upcoming season.
  • The acquisition brings significant fresh investment to the struggling North East club, which has finished bottom of the Prem for the past three seasons.
  • This marks Red Bull's first major involvement in rugby union, expanding their global sporting portfolio which includes Formula 1 and football clubs.
  • Both Newcastle's director of rugby Steve Diamond and Prem Rugby CEO Simon Massie-Taylor expressed optimism that the deal will elevate the club and the league.

IN FULL

Red Bull completes takeover of Newcastle as new club name revealed

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