Newcastle United owner Mike Ashley has agreed to sell the club to Sheikh Khalid bin Zayed Al Nahyan for 350 million pounds, the Sun newspaper reported.

She explained that the contracts were signed between Ashley and Sheikh Khalid bin Zayed and the contracts were sent to the League of Premier League, pointing out that the owner of Newcastle had rejected attempts to sell the club earlier before agreeing to offer the UAE businessman.

She added: "The most prominent decisions of Sheikh Khalid bin Zayed Al Nahyan, will be keeping the Spanish coach Rafael Benitez coach teams in the next season."