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The deal will so co-branded merchandising and sponsorship rights, as well as exhibition matches and player exchanges between the two clubs.
"Newcastle United Football Club are delighted to have formed a sporting and marketing alliance with Dalian Shide Football Club," said Toon Chairman Freddy Shepherd."
I believe the 'North East 2 Far East' project has mutally beneficial and unique future, reaffirming both clubs' positions as world football leaders both on and off the field'.
Further details will be released this afternoon, though the two clubs have previously been in contact when Chinese International defender Sun Jihai was linked with a move to the club.