LONDON (REUTERS) - Mike Ashley has agreed to sell Newcastle United to Abu Dhabi's billionaire Sheikh Khaled bin Zayed Al Nehayan for £350 million (S$612 million), the Sun reported late on Sunday (May 26).
The contracts between Ashley and Sheikh Khaled have been signed and submitted to the Premier League, according to the report.
Ashley, who bought a controlling stake in the Premier League club in 2007, has in the past tried to sell the club.
Ashley, who owns British sportswear retailer Sports Direct International Plc said last October that he had not received any acceptable offers for Newcastle, a year after he officially put the club up for sale, but told Sky News in December that talks on a deal had made promising progress.
Any potential buyer of the club must be able to provide transfer funds, he had said at the time.
Sheikh Khaled, the cousin of Manchester City owner and Arab billionaire Sheikh Mansour bin Zayed Al Nahyan, previously failed in his bid to buy Liverpool Football Club for £2 billion last year, the Daily Mail has previously reported.
Sheikh Khaled is also the founder of Bin Zayed Group, a leading conglomerate with diverse business interests in the local and international markets.
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Newcastle United, the Premier League and the Bin Zayed Group did not immediately respond to Reuters' requests for comments.
Rio de Janeiro (AFP) - Chelsea's Willian will replace Neymar in Brazil's Copa America squad, the Brazilian Football Confederation (CBF) said on Friday, after the world's most expensive player was sidelined by injury. Willian, 30, was a surprise choice as the country's media had tipped Real Madrid
Willian to replace Neymar in Brazil's Copa America squad
Early life. Di María was born on 14 February 1988 in Rosario, Argentina, as one of three children of Miguel and Diana, and grew up in Perdriel.As an infant, he was unusually active, and on recommendation of a doctor was signed up for football at age three.
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Everton ease past Burnley to keep Europa League dream alive 2 Min Read May 3, Reuters - Everton bolstered their chances of qualifying for next season's Europa League with a 2-0 win over Burnley
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Football: The great comebacks in Champions League history Liverpool's Belgium striker Divock Origi (right) celebrates wtih Liverpool's Swiss midfielder Xherdan Shaqiri after scoring their fourth goal.
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2019 Chicago Cubs live stream, TV schedule, replays and guide on live streaming MLB Baseball games for free or watch online with a paid subscription.
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Guardiola hopes Champions League pain spurs on Manchester City By superliga On Apr 19, 2019 0 Manchester (United Kingdom) (AFP) - Pep Guardiola wants the pain of Manchester City 's gut-wrenching Champions League elimination at the hands of Tottenham Hotspur to inspire a charge for an unprecedented domestic treble.
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The Spurs boss said: "We'll see if it was a present at the end of my contract here (which ends in 2023). I will tell you if it was a present or to only give me the facility to drive.
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