Sheik Khaled bin Zayed Al Nehayan, the billionaire half-brother of Manchester City owner Sheik Mansour, is on the brink of sealing an extraordinary £350m takeover of Newcastle United.
His representatives told Sportsmail on Sunday night that a deal is 'concluded' between Mike Ashley and Sheik Khaled, an Emirati member of the family who governs Abu Dhabi.
The representatives also insisted that the prospective new owner is very keen to keep Rafa Benitez as manager of the club and that the takeover is expected to be done in time for this summer's transfer window.