John Stensholt reports for the weekend edition of the Australian Financial Review that Papa Red Bull is interested in "buying or establishing a team in A-League". Indeed, the AFR report goes on to state that Papa already has a clear preference:
Red Bull for now is said to be looking for a new team to start from scratch, rather than buy an established name and risk alienating a fan base.
The news is in the context of an article about A-League's efforts to attract more investors. The piece offers no conclusions - A-League hasn't reached that point of its discussions.