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As featured on NewsNow: Football news

Newcastle's Owen must take massive pay-cut for Villa switch

Newcastle United striker Michael Owen must accept a £70,000-a-week pay-cut to make the move to Aston Villa.

The News of the World says Villa chairman Randy Lerner has already made contact with Owen's representatives and the 29-year-old believes that teaming up with O'Neill could help him rediscover his form and force his way into the England squad.

Everton are also interested but sources close to Owen say the ex-Liverpool striker is wary of the move.

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