Owen hung up the boots at the end of last season.
"I think itâ€™s the right appointment," he told the Daily Mail. "But whether that means winning the league straight away is another matter. Heâ€™s changed the backroom staff and thatâ€™s the big imponderable, because the players are used to being coached a certain way.
"As it stands, Iâ€™d back United to win the league next season â€” theyâ€™re still the best-equipped â€” but with (Jose) Mourinho back at Chelsea and looking to buy a big-name striker, in three weeks I might have changed my mind."