OWEN IS ‘OFFERED A LIFELINE’ BY FERGIE

United last night refused to deny reports that Owen’s advisers have been in talks with the Premier League champions, while bookmakers dramatically slashed their odds that England striker Owen is heading to Old Trafford.

There were even rumours that Owen has already signed a contract with United. It would represent a massive gamble for Ferguson because even though Owen is only 29, his injury record over the past four years has been poor and many believe he is past his best.

Owen is a free agent after his contract at relegated Newcastle expired on June 30 and United would be likely to offer him a low basic salary with more money to come, based on his appearances and goals.

But if a deal does go through, it will anger some United fans who will view former Liverpool hit-man Owen as a bargain-basement replacement for Cristiano Ronaldo and Carlos Tevez.

Liverpool boss Rafa Benitez, who sold Owen to Real Madrid in 2004, is understood to be reluctant to take him back, though Hull want him and Everton have also shown interest.

A move by United would be seen by many as an act of desperation after Ferguson suffered another disappointment yesterday when Frenchman Franck Ribery revealed he wanted to join Real Madrid.