The Argentina winger told the Evening Chronicle: "I want him to stay so much and I want to work with him more.
"It's one of the reasons I came to Newcastle United to play with players like him.
"I knew that Newcastle must be a big club to have a player like Owen.
"It was a great opportunity to come here and I want to be my best for the team, hopefully with Michael here.
"That is how everybody feels. We all want him to sign a new contract as he is a special captain."