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.
Atletico Madrid left it late to see off Girona 2-0 at home on Tuesday as strikes from Diego Godin and Antoine Griezmann kept up their faint hopes of catching La Liga leaders Barcelona.
Soccer-Late strikes from Godin and Griezmann keep Atletico in
N'Golo Kante earned Chelsea a 1-0 win at Crystal Palace to boost the Blues' bid for a place in the Premier League's top four. Kante, a World Cup winner with France last summer, has been deployed in a more advanced position on the right side of midfield by Maurizio Sarri at Chelsea. He netted
Crystal Palace 0-1 Chelsea: Lone N'Golo Kante strike secures
Kahoot! is a game-based learning platform, used as educational technology in schools and other educational institutions. Its learning games, "Kahoots", are multiple-choice quizzes that allow user generation and can be accessed via a web browser, phone, or the app itself.
Kahoot! Blog
An early Mohamed Salah penalty and a late strike by Divock Origi gave Liverpool a 2-0 win over Tottenham Hotspur in Saturday's all-English Champions League final as their coach Juergen Klopp
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Aaron Ramsey has decided to join up with Juventus on a free transfer next season, claims Sky Italia. After weeks of negotiations, the Italian giants have agreed terms with the Arsenal midfielder on a five-year contract worth around €40m.
Arsenal's Ramsey to signs €6.5m-per-year deal with Juventus
I've endured/enjoyed a bit of a weird mix of viewing choices this week but some of them are at least partly relevant to my eventual point so please bear with me: The Crown (unsure as to whether
Premier League quotes of the season: Jose Mourinho, Maurizio
NBA Finals 2019: Warriors may have just begun greatest comeback of their reign, yet it feels completely empty The loss of Durant cast a shadow over what was an impressive comeback win
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Football: Sanchez haunts Arsenal as Man United maintain perfect record under Solskjaer LONDON (AFP) - Alexis Sanchez came back to haunt Arsenal as the Chilean opened the scoring in Manchester United's 3-1 FA Cup fourth-round win on Friday (Jan 25) to maintain Ole Gunnar Solskjaer's 100 percent record as caretaker manager.
Sanchez haunts Arsenal as Man Utd maintain perfect record
It will be an epic game of chess when Home United take on Albirex Niigata FC (S) in the Singapore Premier League (SPL) at the Bishan Stadium on Wednesday. Despite an overhaul of the squad that
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Modric criticises Ballon d'Or gala snub by Messi, Ronaldo Croatian captain Modric, who broke Messi and Ronaldo's decade-long stranglehold on the prestigious prize as well as to football
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Euro 2020 qualifier: Republic of Ireland edging towards
David De Gea will not be dropped for Manchester United's crunch clash with Chelsea at Old Trafford on Sunday. That's according to United boss Ole Gunnar Solskjaer, who has spoken out on criticism of the Spaniard following a number of errors in recent matches, including against Barcelona in the Champions League and in the Manchester derby as City won 2-0 at Old Trafford on Wednesday night.
David de Gea: Manchester United keeper gives Ole Gunnar
Europa right for us: Ole. "It's probably the right place to be for us, Europa League next year and, if City don't win the FA Cup, we'll have an early and bright start for Europa League
'The Europa League is the right place to be for us': Ole
Eden Hazard marked his 100th cap with an early goal to set Belgium on their way to a comfortable 2-0 away win over Cyprus in their Euro 2020 qualifier on Sunday.
Hazard marks milestone with early goal to help Belgium win
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