Khaled Bin Zayed to Buy Newcastle with £350 million

Dubai – Masaader News

Mike Ashley has agreed to sell Newcastle for £350million to Sheikh Khaled bin Zayed Al Nehayan, the cousin of Manchester City’s owner Sheikh Mansour, according to the Sun.

One of the Sheikh’s first jobs will be to tie down manager Rafa Benitez to a new contract.

Sheikh Khaled bin Zayed is ready to provide funds to bolster a limited squad that has done well to stay in the Premier League after years of underinvestment under Ashley.