Date: 9th June 2009 at 7:29pm
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Newcastle United turned down the chance to sign then- 19 year-old Italian striker Giuseppe Rossi during his loan stint at St James Park in 2006 from Manchester United, it has emerged.

The player has since completed a £6.6 million move to La Liga outfit Villarreal, and at 22, is now a full International with the Italian national side.

It has emerged that Rossi would have been allowed to leave Old Trafford for a meagre fee of £4 million had the Magpies exercised their option to purchase the USA-born Italian hitman.

According to reports, Rossi’s current value has skyrocketed and is estimated to be around £12 million.

It really puts relegation into perspective for the Magpies, does it not? While the likes of Shola Ameobi remained at the Toon, promising players such as Rossi were let go without a thought.

The fans will hope for a better transfer policy from the new owners, whoever they may be. There have been too many mistakes in the past, and the club is paying the price at present.