Championship side Leeds United set for yet another takeover saga

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Championship side Leeds United could be set to become embroiled in yet another takeover saga, with Austrian energy drink giants Red Bull willing to pay £60m for the Yorkshire club, according to the Daily Mirror.

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The company have approached the side, and are hoping to complete a deal within the next few weeks.

The news comes soon after the club became the embarrassment of English football once again. Despite a successful time under Neil Redfearn which has seen them comfortably move away from the relegation zone in the second tier, assistant head coach Steve Thompson has been suspended – or effectively sacked given that his suspension ends at the same time his contract expires – without reason. There were also reports in the Sun that top goal scorer Mirco Antenucci was banned from being selected due to financial incentives he would receive if he scored again.

It is also unclear whether former owner Massimo Cellino would return to Elland Road, having been banned by the Football League from running the club. He had previously suggested that he could come back once his conviction is spent, however, he has since cut his ties with the Peacocks.

The Mirror report that one stumbling block to a potential deal could be that Red Bull currently own two clubs in Germany and Austria, and they want clarity on the regulations regarding acquiring a third team. It is unclear whether a name change would be in the pipeline if the takeover is successful.

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