Abu-Dhabi Billionaire Agrees To Buy Newcastle United

-
Dubai-based tycoon Sheikh Khaled Bin Zayed Al Nahyan has revealed his plans to complete a takeover at Newcastle after agreeing terms with Mike Ashley

The Abu Dhabi Billionaire and Cousin of Manchester City owner, Sheik Mansour and a member of the Abu Dhabi royal family, insists he has "agreed terms" and is now attempting to "complete the transaction at the earliest opportunity".

A statement released by the Bin Zayed Group, of which Sheikh Khaled is chairman, said " We can confirm that representatives of His Highness Sheikh Khaled Bin Zayed All 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 "

Although, Newcastle has not officially comment as at Monday, but source on Tyneside indicated that Sheikh Khaled has expressed an interest, but that there was still a distance to go before a deal could be finalised.

The British Media reports have revealed the sale price could be around 350 Million pounds.

Comments

Post a Comment

Popular posts from this blog

Planning on Visiting Dubai? Here are 8 Things You Should NEVER Do In Dubai

-
Image
Dubai is one of the most exotic cities in the world with a sparkling ultra-modern metropolis built literally out of the desert sands. Dubai is ranked the 6th most visited city in the world with a record breaking of 17 million tourists visit in 2017. A great number of people from all over the world flock the city in search of jobs and opportunities for career advancement. Dubai is also known for having the Tallest tower in the world, World Largest "Performing Fountain", and Tallest hotel, to name a few. It is the most populous city in United Arab Emirates. Dubai maybe a city with incredible State of the Art facilities, but there are DON'Ts you should also take note of. 1. Don't Use Your Left Hand In United Arab Emirates,and Asian countries such as India and Indonesia, it is forbidden to use your left hand as it is considered unclean. Traditionally, before the days of toilet papers, running water and flushing toilets, left hand was used for "...
Read more

Switzerland Sues Nigeria Over Detained Tanker Vessel

-
Image
Nigeria has been dragged to the international court by Switzerland over the detention of a tanker vessel for over a year and four months. The ship, crew and cargo have been under detention off Port Harcourt. In a statement, the Swiss Foreign Ministry disclosed that it had since May 21 requested the International Tribunal in charge of the Law of the Sea to order Nigeria to release the tanker vessel, its crew and cargo. The tanker vessel was arrested for entering Nigerian waters illegally and trafficking on diesel. However, the captain of the ship had denied the allegations, saying he had all papers covering him and the transactions. Some cre members, except four Ukrainians, had already been allowed to leave the ship which has the capacity for 5,500 tonnes of cargo. The Swiss Foreign Ministry said the ship and the cargo had been losing their value, " causing increasing damage to the companies involved ." Source: Punch Newspaper
Read more

A Pregnant Woman, Nine Others Injured During Stampede At Ihedioha's Inauguration

-
Image
A pregnant woman and nine others were injured in a stampede during the inauguration of Imo State Governor Emeka Ihedioha's on Wednesday in Owerri. A member of the medical team for the inauguration, Dr. Francis Igwe, confirmed the figure to the News Agency of Nigeria in Owerri. The cause of the stampede was as a result of huge crown which besieged the Dan Anyiam Stadium, which is the venue of the inauguration. Dr. Igwe however, said that the victims were revived. He told NAN that the medical team led by Dr. Vin Udokwu were proactive to handle the situation. In his words, " When we saw the crowd l, we suspected that there may be an emergency situation; we quickly put out personnel and equipment together just to get ready, " he said. It was reported that before the inauguration, a woman had fainted and was carried away from the field by medical personnel on a stretcher.
Read more