Newcastle United takeover 'progressing well' as Mike Ashley waits on Rafa Benitez
The Bin Zayed Group’s proposed £350million takeover is “progressing well”, according to a report.
The group, led by Sheikh Khaled, claimed late last month that “terms had been agreed” over a sale.
However, Newcastle, put up for sale by owner Mike Ashley in late 2017, have made no comment.
And fans, waiting for news on manager Rafa Benitez’s future, are keen for some clarity.
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The journalist who broke the story of the Bin Zayed Group’s proposed takeover has responded to a question from a United fan on Twitter.
Asked for an update, The Sun’s Justin Allen said: “I've been told it's progressing well. Still with the Premier League. It’s a lengthy process, so can understand the frustration. Even completing the purchase of a flat can take time, but imagine a £350m+ deal.”