Newcastle ready to sell Owen for £8M

Newcastle United are ready to listen to offers for Michael Owen starting from £8 million.

The Daily Mail says Owen's miserable stay at Newcastle will end during next month's transfer window if the club can find a buyer.

Manager Sam Allardyce has contacted Manchester City's Sven Goran Eriksson to see if he is interested in Owen. The two worked closely together during the Swede's five-and-a-half years in charge of England but although Eriksson is keen, City owner Thaksin Shinawatra has blocked any deal because of the 28-year-old's wretched fitness record since he moved to St James' Park.

Owen has started only 21 games since joining Newcastle. When his £105,000-a-week salary is taken into account, the deal has so far cost them more than £30m.

Newcastle will want about £8m and fear the former Liverpool striker would be available for nothing at the end of next summer if he is not sold. There has been no sign of a contract extension and Owen is eager to be playing European football at this critical stage of his career.

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