The England striker has been linked with a move back to the Premiership all summer after Real went out and signed two new strikers, Robinho and Julio Baptista. The news is a massive boost for Newcastle boss Graeme Souness following his side's dismal start to the season which has seen Newcastle fail to win a game and score a goal this season.
Newcastle chairman Freddy Shepherd hailed the signing of Owen as one of his proudest moments at the club. "Bringing Michael to St. James' Park will rank alongside the signing of Alan Shearer as my proudest moment at Newcastle United," Shepherd told the club's official website.
Michael Owen becomes Newcastle's second big signing of the last couple of weeks after they signed Albert Luque from Deportivo for £10million. Owen is set to make his debut against Fulham in two weeks considering all goes well with the medical.
Newcastle fans will be delighted with this signing because the club ly second last in the Premiership and this move is sure to move them up the table. Personally I thought Owen would move back to Liverpool but I'm sure he will do well at Newcastle. I believe Owen and Luque up front for Newcastle will be one of the best in the league.
