The deal is only expected to be completed later this month pending approval from the Premier League and UK Government.
The ownership group is a consortium led by Los Angeles Dodgers part-owner Todd Boehly.
Statement:
4. Arsenal – Stan Kroenke (£6.35 billion)
8. Manchester United – The Glazers (£3.5 billion)
7. Tottenham Hotspur – Joe Lewis, pictured here with chairman Daniel Levy (£3.6 billion)
6. Wolverhampton Wanderers – Guo Guangchang (£4.5 billion)
2. Manchester City – Sheikh Mansour (£22.9 billion)
9. Crystal Palace – Joshua Harris (£3.36 billion)
10. Leicester City – Aiyawatt Srivaddhanaprabha (£2.9 billion)
3. Chelsea – Roman Abramovich (£9.6 billion)
5. Aston Villa – Nassef Sawiris (£5.3 billion)
1. Newcastle United – Saudi Public Investment Fund (£320 billion)