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.”

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Former South Africa captain Lucas Radebe says the country has lost a "legend" following his compatriot Phil Masinga's death aged 49. Masinga played with Radebe at Leeds United between 1994 and 1996 and also had spells at St Gallen in Switzerland and Italian clubs Salernitana and Bari.

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Attacked Liverpool fan `now eating independently and trying to sing´ 'I'm gonna f***** kill you, you ginger c***!': John Arne Riise lifts the lid on extraordinary golf club bust-up with team
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The stories coming out of the tabloids suggest that Craig Bellamy attacked John Arne Riise with a golf club, after Riise refused to get up and sing karaoke. Barça played on Sunday, whereas Liverpool will have had ten days to prepare come game day, so the teams have had different preparations in that respect.

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Fulham's controversial forward Aboubakar Kamara has completed a loan move away from the club, it has been confirmed. Kamara, 23, has penned terms with Turkish side Yeni Malatyaspor until the end
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Antonio Rudiger: Chelsea defender to miss rest of season after undergoing successful surgery on knee injury The Germany international shared a picture on social media confirming he is doing well
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Lionel Messi: Every record the Barcelona superstar has broken in 2019. May 26, 2019 admin Comment(0) Legend. The Argentina forward turns 32 in June, but continues to wow football fans. Lionel Messi continues to break records every year.
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Premier League sides are scoring more goals per game while taking fewer shots this season. Shot-conversion rate and the percentage of attempts on target are at their highest since Opta began
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Jamie Vardy penalty: Claude Puel explains decision after Leicester's loss to Tottenham. The ex-England striker came off the bench after spot-kick had been awarded - and having been handed the ball
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I'm A Celebrity's Harry Redknapp was crowned the new King of the Jungle. But what else do we know about the former football manager? Jump directly to the content Before going on the show
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GUNNER GET HIM The Belgian has a £25million release clause in the summer which kicks in at the start of the transfer window Arsenal are plotting a shock summer move for Tottenham defender and Manchester United target Toby Alderweireld, according to reports.
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Ryan Kent: Rangers winger facing two-match ban for shoving

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