Owen, who spent three years with the Old Trafford outfit before leaving for Stoke in 2012, insists Moyes will eventually get it right.
"It was always going to change quite dramatically," he told fifa.com.
"When someone has been there for over 25 years, whoever was going to take the job was going to have big question marks put against them.
"It was going to be a change for everybody within the club.
"In time he will prove to be a very good choice."
For breaking stories and all the great banter like us on Facebook: facebook.com/tribalfootball