Stoke City striker Michael Owen has plans to enter player management when he retires this summer.

In a blog on his personal website former England man Owen explained: "On July 1, I propose to set up Michael Owen Management Ltd. focusing on guiding young players through their careers and offering them advice at every juncture of what can be a career full of pitfalls.

"The trading market for football players is worth more than $2billion a year, attracting agents hoping to profit from cutting deals."

Owen said he's entering the business after seeing "so many horror stories" during his career and learning 'plenty from my own experiences."