Michael Owen is likely to remain at Newcastle United for this season but the England international has decided not to sign a new contract, at least for the time being.

The striker, who turned 29 recently, has been linked with a number of other Premier League clubs and it’s thought his refusal to sign a new deal may be due to the fact that he’s been unable to force his way in to Fabio Capello’s England thinking.

Owen has issued a statement on the matter which read:

Following speculation about my future at Newcastle United, I have decided to make it clear that I am committed to the club until at least the end of this season, and I have informed them I do not want to make a decision about my future until that time.

I am happy here and enjoy the challenge. It is simply a matter of seriously thinking about my future as I was 29 last week and my next career decision is a crucial one.

My decision is not about money. I told the club some months ago that I would accept a reduction in my wages.

I have no intention of leaving Newcastle United during the January transfer window and want to assure the fans that under Joe Kinnear’s passionate management, I am committed to ensuring the club ends the season on a high.

» You should add to the discussion here