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 United's Sir Alex Ferguson to see if he is interested in Owen.
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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