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The rest 20 has been allotted to other partners. Saudi Prince To Bid For Newcastle United Newcastle Prince Premier League. Mike Ashley To Sell Newcastle United To Arab Billionaire For 445 Million Newcastle United Mike Ashley Newcastle Mansour the deputy prime minister of the United Arab Emirates has spent more than 16bn over the first decade of owning the club. Newcastle owner arab . Who is the clubs new owner and his net worth. Ashley is a British retail entrepreneur in sporting goods in the market. However as usual the people with big bucks have prevailed yet again and the deal is signed now. The PIF-backed proposal also pledged to inject some 340 million. Newcastle United close to being taken over by owners according to reports from Daily Mail Newcastle United owner Mike Ashley has agreed to. The club has finally completed its Arab takeover which was pending for almost a year now. NEWCASTLE UNITED owner Mike Ashley has agreed to sell the club for 350million to Dubai-base...