Chaos on Premier League: Newcastle United is purchased by the sheik whose family has a fortune of 118 billion

Chaos on Premier League: Newcastle is purchased by the billionaire sheik cousin of City's sheik

According to the prestigious British picture, The Sun, current owner of Newcastle United named Mike Ashley, has agreed to sell his team 350 million pounds to the sheik Mansour cousin who owns Manchester City.

This agreement is expected to be finalised before the start of the passing summer deadline, where tremendous spending is expected to take place.

The businessman is said to be willing to invest hundreds of millions in the club, thus ending a dark period of few transfers.

That would make it a real mess, Premier League, where even large teams like Arsenal and Manchester United were left out of the 4th ball.

With Newcastle United's serious rivalry, things would change once again, as they changed when current big clubs were taken over by rich tycoons.

But who's Sheikh Khaled?

61 is a senior member of the royal family in Abu Dhabi.

The total wealth of this family is estimated to be 118 billion dollars and the Sheikh Khaled buying Newcastle is one of the most successful businessmen. /Periscope