Ex-Newcastle chairman Shepherd regrets signing Owen

Former Newcastle United chairman Freddy Shepherd regrets his deal for Michael Owen.

Former Newcastle United chairman Freddy Shepherd regrets his deal for Michael Owen.

Newcastle found themselves in a straight shootout with Liverpool for the then Real Madrid man’s services before he agreed a £16m deal to sign for United.

Shepherd told the Evening Chronicle: “Michael was a great player, but financially it didn’t turn out a good deal.

“I think at the end of the day when 20,000 people turn up just to see somebody sign and welcome him you know at the time it’s a good deal.

“I didn’t hear anybody saying, ‘Don’t buy him then’.”

He added: “Hindsight is a great tool. Certainly with Owen it didn’t work out as it should have. Injuries are injuries and this can happens.

“Would I do it again? The answer is no. But, as I say, that’s with hindsight.”

 
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