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Ashley regrets buying Newcastle

Mike Ashley admits he regrets buying Newcastle United.

He told The Sunday Times: "Of course I regret it.

"I never said I was an expert in football clubs. I was just a fan - although a very wealthy fan. But I'm not so wealthy now. I put my money into it and I tried my best. But I accept my best was woefully short. I am genuinely sorry for everybody about what has happened."

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