Red Bull is reportedly considering buying an English football team as it looks to expand its sports property portfolio into the UK.
The energy drink giant is understood to have confirmed that England is the next region which it is looking to own a club in, according to claims in the Daily Mail.
While no teams have been named as potential suiters, Ralf Rangnick, the sporting director at both Salzburg and Leipzig, attended three games last weekend at Chelsea, Charlton and Brentford, which only intensified the speculation.
Red Bull have moved to quell speculation of a potential takeover of a Premier League or Championship side, with RB Leipzig insisting that Rangnick was on club business rather than Reb Bull business.
A move into the lucrative English football market would undoubtedly be hugely attractive for the brand which has used sport as a main driver of growth. In addition to football clubs it also owns two Formula One teams in Red Bull Racing and Scuderia Toro Rosso as well as having sponsorships across an array of extreme sports.