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Monday, 27 May 2019

Mike Ashley, Newcastle United Owner, Reportedly Ready To Sell The Club

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British billionaire, Mike Ashley, the owner of Premier League club Newcastle United has reportedly agreed to sell the club for a massive sum of £350 million.

According to the latest report on UK Sun, the 54-year-old has agreed to sell the club to Dubai-based billionaire Sheikh Khaled bin Zayed Al Nehayan. 

Sheikh Khaled bin Zayed Al Nehayan is the cousin of Manchester City's owner Sheikh Mansour and he is said to have had interest in buying the club for the past two years. 

Last year, he was also said to be interested in buying Premier League giants Liverpool, but the deal failed to work. 

Ashley has been the owner of Newcastle United for the past 12 years and the club had been subject to previous but unsuccessful takeover attempts from the likes of Staveley and Kenyon. 

At the just concluded Premier League season, Newcastle United finished as 12th best on the final standings with 49 points. 

But the club's fans are desperate for success having not won a major trophy since the Fairs Cup in 1969. 


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