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Newcastle United's managing director issued an apology to fans after Wednesday's relegation from the Premier League, saying they were "devastated" and "truly sorry".Bitter northeast neighbors Sunderland's 3-0 win at home to Everton Wednesday was enough to put Newcastle in the Championship as they consigned to the dreaded drop alongside Norwich City and Aston Villa.The club's net expenditure of 80 million pound ($115 million) on players this season is second only to Manchester City in the entire English football.
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