---
title: "West Ham turn down £650m offer from Red Bull to buy club"
canonical: "https://readwestham.com/2016/12/26/west-ham-turn-650m-offer-red-bull-buy-club/"
type: "post"
language: "en-GB"
author: "Michael Oliver"
section: "West Ham News"
published: "2016-12-26T21:06:44Z"
modified: "2016-12-26T21:06:44Z"
---

# West Ham turn down £650m offer from Red Bull to buy club

A story emerged in the last 24 hours that energy drink giants Red Bull were considering launching a £200m bid to buy West Ham from David’s Gold and Sullivan.

However, son of David Sullivan, Jack, has taken to Twitter to nip the rumours in the bud and reveal the truth behind any interest from the Austrian company.

> Twitter: 1/2 Re red bull story in sun today,completely out of date and figures wrong we turned down £650m in august. We have no desire to sell out (@jsullivanwhu)

> Twitter: No desire to sell our heritage and be called red bull West Ham. #coyi (@jsullivanwhu)

Jack states the club received an offer from Red Bull worth £650m to buy the club in August, which was turned down, citing the fact that Gold & Sullivan have no intention to sell the club and no desire to sell the club’s heritage.

Between them, Gold and Sullivan own over 85% of the club and have been majority shareholders in the club since their 2010 takeover for £105m.

The [BBC](https://www.bbc.co.uk/sport/football/38435210) reported earlier this afternoon that Red Bull have dismissed reports they’re looking to acquire the football club and West Ham’s owners are not looking for investors.

Red Bull are no strangers to taking over football clubs. In 2005, they bought out SV Austria Salzburg whose owners were in financial difficulty and immediately renamed the club FC Red Bull Salzburg. They also own teams in the USA (New York Red Bulls), Brazil (Red Bull Brasil) and Germany (Red Bull Leipzig).

By associating the drink’s image with these activities, the company seeks to promote a “cool” public image and raise brand power. The energy drink has created a market for over 150 related types of products.