LONDON (REUTERS) - Mike Ashley has unconditionally to sell Newcastle associated to Abu Dhabi's billionaire Sheikh Khaled box Zayed Al Nehayan for 350 million (S$612 million), the Sun reported tardy on Sunday (May 26).The contracts amongst 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 next tried to sell the club. Ashley, who owns British sportswear retailer Sports refer International Plc said last October that he had not received any enough offers for Newcastle, a year after he officially put the club up for sale, but told look News in December that talks on a agreement had made promising progress.Any potential buyer of the club must be accomplished to come up with the money for transfer funds, he had said at the time.Sheikh Khaled, the cousin of Manchester City owner and Arab billionaire Sheikh Mansour box Zayed Al Nahyan, in the past failed in his bid to buy Liverpool Football Club for 2 billion last year, the Daily Mail has in the past reported. Sheikh Khaled is furthermore the founder of box Zayed Group, a leading conglomerate next diverse concern interests in the local and international markets. combined StoryFootball: Newcastle owner Mike Ashley wants club sold in the past January transfer window
Newcastle United, the Premier League and the box Zayed intervention did not hurriedly answer to Reuters' requests for comments.
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