Manchester United boss Sir Alex Ferguson insists Michael Owen will not leave in January.
Owen has been linked with a reunion at Aston Villa with former Liverpool manager Gerard Houllier.
"He is looking really good," said Ferguson. "He has trained really well this week. People may have forgotten just what a good player Michael is.
"He's had a nightmare time with a bad hamstring injury but now he deserves a change of luck. If he can stay fit, I believe he has an important part to play for the club between now and the end of the season; there's no doubt about that. He still has a great engine.
"There has never been a problem with him since he came to United. He is great to have around. He conducts himself well and is a great example to the younger players.
"I know a few clubs have been thinking about him for a possible loan arrangement but it will not happen. He is definitely not going anywhere."