Newcastle takeover latest: Sheikh Khaled bin Zayed yet to provide proof of funds to Premier League

Newcastle takeover latest: Sheikh Khaled bin Zayed yet to provide proof of funds to Premier League
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 Citys Arab owner Sheikh Mansour.Getty2

Mike Ashley wants to sell Newcastle for a reported 350million

On Monday, Midhat Kidwai, the managing director of Khaleds 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.Getty2

Newcastle fans are desperate for Rafael Benitez to stay

Benitezs contract runs out on June 30, and it is believed he wants clarifications from owner Ashley over the clubs 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.”

---

Anthony Martial is 'close' to signing a new deal at Manchester United, according to reports. The 23-year-old rejected an offer in October, but looks set to commit his future to the Red Devils with a five-year deal.

---

Chelsea news: Frank Lampard would be the perfect replacement for Maurizio Sarri, says former Blue Mario Melchiot Lampard has successfully guided Derby to the Championship play-offs during his
What Chelsea can expect from Frank Lampard if he replaces

---

Paul Gascoigne joked he hopes to impress England manager Gareth Southgate enough to earn a Three Lions recall when he plays in the upcoming Tottenham legends match! The White Hart Lane hero confirmed he WILL play in the all-star exhibition game at soon-to-be-opened Tottenham Hotspur Stadium on Saturday. A host of iconic Tottenham players have…
The amazing Tottenham Legends XI that should start in the

---

Jurgen Klopp invades Anfield pitch in crazy celebration after

---

The latest Tweets from ⚽️Sports News & Bets (@roundclocksport). Sporting news is here to bring you all the latest news from all the major sporting events .Over 18
Bayern Munich sign Sandro Wagner from Hoffenheim - Article

---

Cardiff 2-3 Arsenal: Gunners win through Alexandre Lacazette's late strike through Shkodran Mustafi's header and a curling effort from Pierre-Emerick Aubameyang, before Lacazette crashed home
Arsenal win at Cardiff through Alexandre Lacazette's late strike

---

Chelsea news: Premier League club's legal battle with former head coach Antonio Conte could end up in High Court. Chelsea could end up in the High Court amid their ongoing dispute with their
Antonio Conte payoff row with Chelsea escalates | Sport | The

---

Who is Pablo Fornals? West Ham transfer target and Villarreal assist machine who equalled Lionel Messi in La Liga The Hammers have been linked with a £24m move for the playmaker - but where

---

PREVIOUS POST Previous post: Christian Pulisic backs Chelsea to 'work things out' as Blues slump to four successive away defeats
Dubai Fountain: The story behind its dancing waters - Gist

---

Boca Juniors vs. River Plate Copa Libertadores final to be played outside Argentina The original second-leg clash between the two Buenos Aires clubs at the weekend was postponed after Boca players
River Plate vs. Boca Juniors Copa Libertadores final

---

The fans love flair at Old Trafford. The heritage of Manchester United demands clever, entertaining football. Alexis Sanchez, who has completed his transfer from Arsenal to United, will fit into
Manchester United complete signing of Alexis Sanchez from Arsenal

---

If you're looking for the best soccer player in the world, there are few finer sights than Lionel Messi using a mixture of pace and trickery to beat multiple defenders from his position in the center of the Barcelona attack.

---

Old Trafford chief Ed Woodward revealed that 'the top people in football' want the job as the Red Devils' next permanent boss. Manchester United have decided not let out the identity of their new manager before the end of the season, the executive vice-chairman told talkSPORT.
Manchester United fans must act to force out Ed Woodward

---