Sheikh Khaled bin Zayed has not provided proof of funds for his proposed takeover of Newcastle United, reports claim.
The billionaire is a senior member of the Abu Dhabi royal family and is said to be a distant relative of Manchester City’s Arab owner Sheikh Mansour.
Getty
2
Mike Ashley wants to sell Newcastle for a reported £350million
On Monday, Midhat Kidwai, the managing director of Khaled’s Bin Zayed Group, released a statement claiming they had ‘agreed terms’ with Magpies owner Mike Ashley to end his turbulent 12-year spell on Tyneside.
However, The Daily Mail claim the group has not reached the stage where paperwork is submitted to the Premier League and is yet to provide proof of funds.
Given Ashley’s lack of spending over the years and unpopularity at St James’ Park, Newcastle fans are hoping Khaled, who failed to buy Liverpool in a £2billion deal last summer, could be the man to transform the club’s ambitions.
They have finished 10th and 13th in their two seasons back in the top-flight under Rafa Benitez despite the Spaniard complaining about a lack of backing from the board.
Getty
2
Newcastle fans are desperate for Rafael Benitez to stay
Benitez’s contract runs out on June 30, and it is believed he wants clarifications from owner Ashley over the club’s ambition before signing fresh terms.
But a takeover from Khaled could see him extend his stay at St James’ Park.
Khaled appears confident of completing the £350million takeover, but Newcastle are privately insisting that a deal is far from close.
A statement released by the Bin Zayed Group, of which Khaled is chairman, said: “We can confirm that representatives of His Highness Sheikh Khaled Bin Zayed Al Nahyan are in discussions with Mike Ashley and his team, about the proposed acquisition of Newcastle United Football Club.
“We view it as an honour to have the opportunity to build on the strong support, history and tradition of the club.
“We have agreed terms and are working hard to complete the transaction at the earliest opportunity.”
May 05, 2019 · Danny Welbeck to leave Arsenal this summer after injury-plagued season • Forward has made only 14 appearances under Unai Emery • Petr Cech and Aaron Ramsey also say goodbye to home fans
"Ramsey" officially to juventus⚽️"welbeck"&"cech" to the end
Retired boxing star and fiercely loyal Everton fan Tony Bellew has picked his Premier League Team of the Year and, unsurprisingly, failed to select a singer player from bitter rivals Liverpool.
Virgil van Dijk or Raheem Sterling? Gary Lineker picks his
Eden Hazard to Real Madrid? Chelsea star 'too good' for club, says Jamie Carragher after watching display vs West Ham The Belgian scored both goals in Monday's 2-0 win and it appears it is
'Eden Hazard is too good for Chelsea!' - Jamie Carragher says
May 14, 2019 · Wolves have announced a plan to become the first club in the UK to install rail seats in an entire stand at their ground. The seats will be fitted in Molineux's Sir Jack Hayward Stand, making it
Wolves set to install rail seats on entire Sir Jack Hayward
Team News - Manchester United. Obviously Marcus Rashford drops out through illness - but that makes room for Romelu Lukaku to lead the line with Jesse Lingard in support. The Red Devils
Preview: Barcelona vs. Manchester United - prediction, team
Manchester United are reportedly front-runners in the race to sign Atletico Madrid striker Antoine Griezmann.The France forward, who turned down the chance to join Barcelona last summer, now wants
Atletico Madrid Transfer Rumours and News
Chelsea news: Frank Lampard responds to rumours he will replace Maurizio Sarri ahead of Championship play-off Frank Lampard has addressed the rumours linking him with the Chelsea manager's job. Lampard has impressed in his first season as manager with Derby County and has led them to the Championship play-off final.
Next Chelsea manager: The flaws in Frank Lampard's work at
Allan McGregor well and truly lost his head during Rangers' clash with Hibernian on Sunday. The 37-year-old goalkeeper bizarrely aimed a karate kick at the back of Marc McNulty in the 89th minute of his side's 1-0 win at Ibrox - moments after making a brilliant close-range stop from Florian Kamberi.
Allan McGregor branded 'absolutely mental' after Rangers No.1
Leicester City vs Arsenal: Gunners fans convinced they will
Yes Jurgen, you're still the main man! Klopp is spotted searching for news about HIMSELF just days after his Champions League triumph as the Liverpool boss jets out of Manchester Airport with his wife
NewsNow: Jurgen Klopp news | Breaking News & Search 24/7
Enjoy the videos and music you love, upload original content and share it all with friends, family and the world on YouTube.
Arsenal & Chelsea have sold a shockingly low amount of Europa League final tickets. Fans had been complaining about the allocation.
Europa League Final 2019: Date, Venue, Predictions for
No comments:
Post a Comment