Former Newcastle chairman reveals Owen was his worst signing for Magpies

Former Newcastle chairman reveals Owen was his worst signing for Magpies

Former Newcastle chairman Freddy Shepherd has branded Michael Owen as his WORST signing.

England ace Owen joined the Magpies for a club record £16.8m after a poor stint at Spanish giants Real Madrid.

The Liverpool legend only managed 79 appearances over four season – after serious foot and knee injuries at St James’ Park.

Owen went on to play for Manchester United and Stoke before hanging up his boots in 2013.

“The worst? Owen. It never worked out.” Shepherd, who has a net worth of £100m, told the Independent . “The £16 million, £103,000-a-week deal, in 2006, cleaned Newcastle out.

“Was the boat pushed out too far with that transfer? Yeah, I think so.”

Shearer went on to play over 300 times in black and white before an ill-fated spell as interim manager.

“The best signing? Shearer, it’s a no-brainer.”

Shepherd eventually stepped down from the club in 2007 after health problems.

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