Shek Khaled of the Bin Zayed group has confirmed he has 'agreed terms' with Mike Ashley over the purchase of Newcastle United.
Ashley has owned Newcastle since purchasing the club for £135m in 2007, but his relationship with the supporters seems to have been fractured beyond repair, with fans vocal in calling for a change in ownership for much of their recent history.
At the centre of their frustrations has been Ashley's perceived lack of investment in the first team, and it appears as if their wishes may finally be granted in the days to come.
So an official confirmation from both ends that the talks are real.