Red Bull agree deal to buy Newcastle Falcons and keep Premiership club afloat

Energy drinks company will take on £39m debtsTakeover plan involves club staying at Kingston ParkRed Bull has agreed a deal to buy Newcastle Falcons which includes a commitment to keep the club in the city and will ensure the Premiership remains a 10-team competition next season.Newcastle have been for sale for over a year, with owner Semore Kurdi no longer willing to fund multimillion-pound annual losses, leading to fears they could become the fourth Premiership club to go bust in the las