UPDATE 2-Sportswear tycoon to buy soccer club Newcastle Utd (Reuters.co.uk)
UPDATE 2-Sportswear tycoon to buy soccer club Newcastle Utd (Reuters.co.uk)
LONDON, June 7 (Reuters) - British sportswear tycoon Mike Ashley has agreed to take over English Premier League soccer club Newcastle United in a cash deal valuing it at around 134 million pounds ($267 million).