SportNewcastle United purchase terms agreed, claims Bin Zayed Group
Thaksin Shinawatra in talks to purchase Crystal Palace
Former Manchester City owner Thaksin Shinawatra is in shock talks to purchase Crystal Palace Football Club, according to reports. Shinawatra, the former Prime Minister of Thailand, is currently living in exile from his homeland found guilty of corruption, but that isn’t preventing him from looking to get back into football ownership. Shinawatra is said to be “engaged in discussions” with Palace’s part-owner and Chairman Steve Parish about a possible takeover. Miti Tiyapairat, the ex-president of Thai club Chiangrai United, told ONE31: “Currently, there are negotiations about price, management, and some other details, which should be ironed out soon.
Newcastle United are seemingly close to being purchased by Sheikh Khaled Bin Zayed Al Nahyan after the Sheikh's investment company issued a statement to announce terms have been agreed.
Reports began to circulate on Sunday that Newcastle – owned by English businessman Mike Ashley – were on the brink of a change of ownership.
Although Ashley has been in charge since 2007, he has been widely unpopular for most of that time, with the ill-feeling stemming from his treatment of former manager Kevin Keegan amid his exit in 2008.
Throughout Ashley's reign supporters have been frustrated by a perceived lack of spending and the club has been linked with several potential sales in the last decade.
United interested in Longstaff - but is he good enough to make the step up?
Manchester United are reportedly interested in a surprise deal to sign Newcastle United midfielder Sean Longstaff, but is he good enough for the Red Devils? Sky Sports reporter Keith Downie claims that Ole Gunnar Solskaer’s side are casting an eye over the Newcastle youngster. Longstaff broke into the Newcastle squad on a regular basis earlier this season and showed real signs of promise. His season was derailed with a long-term knee injury, that cut his campaign short.
It appears the fans will finally get their wish of Ashley's exit, as The Bin Zayed Group believe they are close to completing a deal to buy the club.
A statement released to The Chronicle and attributed to "Midhat Kidwai, Group Managing Director, Bin Zayed Group" read: "We can confirm the representatives of his Highness Sheikh Khaled Bin Zayed Al 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."
Sheikh Khaled is a cousin of Manchester City owner Sheikh Mansour Bin Zayed Al Nahyan.
Newcastle are yet to make a public statement on the takeover reports.
Crystal Palace reject Manchester United offer for Wan-Bissaka.
Crystal Palace have rejected an offer of over £40m from Manchester United for defender Aaron Wan-Bissaka. According to The Telegraph, Manchester United have seen their attempt rejected as they look to sign the right-back this summer. The report claims that this is the second bid United have failed within their pursuit of Wan-Bissaka, who enjoyed an impressive campaign with the Eagles. Wan-Bissaka was a standout at right-back with his sturdy defensive displays, catching the eye with his excellent one-on-one defending against opposition wingers.
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When the Abu Dhabi United Group purchased 90% of Manchester City's shareholdings in September 2008 for a princely sum of 210 million pounds it ...
Manchester City F.C. ownership and finances
The Ownership of Manchester City Football Club traces back to 1894, when Ardwick A.F.C. dissolved and were reformed as Manchester City Football Club Ltd.