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Football's coming home

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For once an English Premiership Team isn't going to be bought by a foreigner. British sportswear mogul Mike Ashley is set to buy Newcastle United, home of Alan Shearer's ghost, Michael Owen's injured legs, several notable losses in FA Cup finals and one cracking 5-nil victory over Man U, for $267mm. Mike Ashley is the owner of Sports Direct, the UK's largest sports retailer, and ready to realize huge uniform cost savings ("Why are we wearing a Thierry Henry away kit? It's a top seller, shut it."). Since 1904, Newcastle's sartorial strategy has been to blend in with American football refs/foot-locker employees with its token zebra-forms.
The Newcastle purchase bucks the trend of top flight English football teams going to overseas investors, including Liverpool, West Ham and Aston Villa last year, and Malcolm Glazer's purchase of Man U and Roman Abramovich's swindling of Chelsea (do Russian oligarchs do anything besides swindle?).
Sportswear tycoon to buy soccer club Newcastle Utd [Reuters]