Newcastle United owner Mike Ashley attends their English Premier League soccer match on Remembrance Sunday against West Bromwich Albion at The Hawthorns in West Bromwich, central England November 9, 2014. REUTERS/Darren Staples
(Reuters) - Newcastle United owner Mike Ashley's hopes of increasing his stake in Scottish second-tier club Rangers to 29.9 percent was blocked by the Scottish Football Association (SFA) on Wednesday.
Rangers, the 54-times Scottish champions, responded by saying they were disappointed Ashley's bid had been blocked.
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