Leeds United have received a fresh cash injection from Red Bull, allowing them to spend more in the transfer market.
On the latest episode of Football Insider’s Inside Track podcast, senior writer Pete O’Rourke revealed that Red Bull’s “surprise” purchase of a minority share in the club will be a big assist for Leeds as they strive to balance their books.
According to sources, the acquisition could result in additional money for Daniel Farke, as well as significant personnel changes at Elland Road.
On May 5, Football Insider stated that the club now faced “massive” financial problems as a result of its failure to gain promotion.
Leeds United funding to assist Farke in squad rebuilding
Leeds are at risk of violating Financial Fair Play and Profit and Sustainability rules as a result of their recent spending, prompting speculations of a points deduction.
Crysencio Summerville, Archie Gray, and Wilfried Gnonto are expected to quit Elland Road as a result, leaving Farke to rebuild his squad.
According to sources, Red Bull’s investment should give more funds to help with that process.
Leeds revealed on May 30 that Red Bull had taken a minority position in the club, providing significant capital investment.
They will also become the front-of-shirt sponsor at Elland Road for a multi-year period, and they control five clubs throughout the world, including RB Leipzig and RB Salzburg.
However, Football Insider has learned that the club is experiencing a “boardroom conflict” between Red Bull and 49ers Enterprises, with “too many voices” at the top.