Sheikh Khaled representatives confirm he has 'agreed terms' to buy Newcastle United from Mike Ashley and is 'working hard' to complete deal
Representatives of Sheikh Khaled say they have agreed terms to buy Newcastle Sportsmail revealed claims on Sunday that a £350million takeover was close Sheikh Khaled is the cousin of Manchester City owner Sheikh Mansour The statement adds that terms have been agreed with current owner Mike Ashley and that they are 'working hard to complete the transaction' By Press Association Sports Staff and Peter Rutzler For Mailonline
Published: 17:51 BST, 27 May 2019 | Updated: 18:13 BST, 27 May 2019
Representatives of billionaire Sheikh Khaled Bin Zayed Al Nahyan have confirmed they have 'agreed terms' with Newcastle owner Mike Ashley and are working to complete a deal for the club.
The closest working associate to Sheik Khaled, who is an Emirati member of the family who govern Abu Dhabi, claimed to Sportsmail on Sunday night that a deal had been 'concluded' with current Newcastle owner Mike Ashley.
And a statement released on Monday from the Bin Zayed Group, of which Sheikh Khaled is chairman, confirms that terms have been agreed.
Sheik Khaled's representatives say he has agreed terms with Mike Ashley to buy Newcastle
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