Mike Ashley in talks with UAE’s Sheikh Khaled over £350m Newcastle sale

• Several hurdles still to be addressed before sale can proceed
• Rafael Benítez’s contract as manager runs out on 30 June

Mike Ashley is negotiating the potential £350m sale of Newcastle United to Sheikh Khaled bin Zayed al-Nehayan of the United Arab Emirates, but there remains a considerable distance to be covered before a deal is concluded.

Although Newcastle have privately confirmed that discussions are ongoing, several hurdles must be overcome before any change of ownership takes place.

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from Football | The Guardian https://www.theguardian.com/football/2019/may/27/mike-ashley-uae-sheikh-khaled-newcastle-sale-rafael-benitez

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