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Who Owns Red Bull Stadium? Does Red Bull Own New York Red Bulls?

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Red Bulls Stadium is owned by Hudson County Improvement Authority.

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Red Bull Arena is a soccer-specific stadium in Harrison, New Jersey that is home to the New York Red Bulls of Major League Soccer and NJ/NY Gotham FC of the National Women’s Soccer League.

Featuring a transparent partial roof, it is located on the waterfront in the Riverbend District of Harrison across the Passaic River from Newark and approximately 7 miles (12 km) west of Lower Manhattan.

With a seating capacity of 25,000, it is the third-largest soccer-specific stadium in the United States and in Major League Soccer.

Photo Credit: Live Soccer TV

Does Red Bull Own New York Red Bulls?
In 2006, the team was sold to Red Bull GmbH and re-branded as part of the company’s global network of soccer clubs, hence its current name.

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In addition to purchasing the team, Red Bull bought out AEG’s $100 million share of the stadium, an after-effect of lasting disagreements between the two corporations regarding their plans for the facility.

Their differences prompted a significant delay in the early stages of the stadium’s construction.

After the naming rights of the soccer team were acquired, leading to the name Red Bull Park, Red Bull instituted a number of changes to the stadium’s original design, which sparked tension between the Austrian-based energy drink company and AEG.

Red Bull opted out of AEG’s plan to construct a stage in the stadium for performances, one that would have increased profit margins for the group.

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