RB Leipzig owe €83 million to owners Red Bull

Sport360 staff 00:13 09/02/2018
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  • The amount Bundesliga club RB Leipzig owe their backers Red Bull has leapt to €83.164 million, according to a government-backed magazine.

    The Bundesanzeiger, published by Germany’s department of Justice, say the club added €30 million to the €52.384m they already owed the Austrian energy drinks giants at the end of 2015.

    The jump can be explained by Leipzig splashing out for Liverpool-bound Naby Keita, Oliver Burke and Timo Werner, plus head coach Ralph Hasenhuettl, just before last season.

    Keita, who will move to Anfield next season for around €75m, was signed from sister club Red Bull Salzburg for €15m in July 2016.

    Scotland winger Burke, now at West Bromwich Albion, also cost €15.2m from Nottingham Forest in August 2016.

    Werner, now a regular in the Germany team, made his breakthrough after joining from Stuttgart for €10m in July 2016.

    Overall, RB Leipzig have a total debt of €97m while salaries increased last year from 34 to almost €54m.

    However, a club spokesman said they are unconcerned by the leap in their debt. “The loans stands against player assets with significantly higher market values, which the Keita transfer impressively shows,” an RB spokesman told SID.

    Leipzig, currently third in Germany’s top flight, are again on course for a Champions League spot even if they do trail runaway league leaders Bayern Munich by 18 points.

    The club has only been around since 2009 when Red Bull acquired the German football League (DFL) licence of a now-obsolete fifth-tier club.

    Four promotions in seven years meant they joined Germany’s top flight for 2016/17 and finished second, qualifying for the Champions League last season.

    Having finished third in the group stages of the Champions League this term, Leipzig dropped to the Europa League and host Napoli in the last 32 next Thursday.

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