Michael Owen is set to join Newcastle after a 17 million pound offer to Real Madrid. Chairman Freddy Sheppard said "Bringing Michael to the club will rank alongside the signing of Alan Shearer as my proudest moment at Newcastle United." Real Madrid issued a statement saying they were "very sorry" to see Michael go, despite the fact that he wasn't even on the bench for their first match.
Yet another world-class player comes to the Premiership.
