Sheik Khaled bin Zayed Al Nehayan, has submitted a whooping £350m to buy EPL club Newcastle from the current owners.
The billionaire half-brother of Manchester City owner Sheik Mansour, looks set to broaden his net-worth and sees the chance with the premier league club
In confirmation, his representative told Sportsmail that the deal will be completed between Mike Ashley and Sheik Khaled, an Emirati member of the family who overseas Abu Dhabi.
Furthermore, the Rep said the new Owner Of Newcastle United was keen to keep manager Rafa Benitez even after the deal this summer.
Sheik Khaled bin Zayed Al Nehayan, currently invests in construction, energy and real estate sectors among others. He is also a member of the ruling family of Abu Dhabi
Both Sheik Khaled and City owner Sheik Mansour are sons of the late Sheik Zayed bin Sultan Al Nehayan, President of the UAE and ruler of Abu Dhabi. Khaled is the youngest of 19 sons