Striker who scored 158 goals in all competitions for Liverpool has stated it was never his intention to leave the club.
The 34-year-old, who represented Liverpool for eight years as a professional after progressing through the youth ranks, netted the goals that were crucial in the club's historic Treble-winning season of 2001. Three years later he joined Real Madrid in an £8m plus-a-player deal.
In his latest statements, though, the Englishman revealed that he spent much time deliberating over whether to stay at the club and be a one club man, like Jamie Carragher and Steven Gerrard, or leave. He chose to join David Beckham at Real, yet always hoped to return to Anfield, like Ian Rush, who spent a year at Juventus in between two stints as a Red.
"I had always thought I'd be a one club man," said Owen. "I was in America on a pre-season tour when my phone rang with the news. My agent told me that Real Madrid had been in touch and wanted to sign me - I didn't know whether to laugh or cry.
"After a week of changing my mind one way and another, I decided that if I didn't give it a go I could regret it for the rest of my life. Like Ian Rush before me, the plan was that I could always come back (well that was my plan!)"
Real Madrid are once again pursuing a Liverpool asset but this time he is not a darling of the English national football team, but Uruguay, as Los Blancos are interested in Luis Suarez, a player another former Liverpool striker Stan Collymore recently opined could be available should a record-breaking £100m offer arrive from Estadio Santiago Bernabeu.
Suarez may be wise to take heed of any message inferred from Owen's blog. He could join Real, an attack already blessed with Gareth Bale and Cristiano Ronaldo (presuming Karim Benzema is sold), but he may not emulate the success achieved by the aforementioned Premier League stars.
The likelihood is that he would improve even further, returning an even higher minutes per goals ratio (one in 66 mins) than he currently is enjoying in English football. But he, like Owen, will spur their shot at becoming as big a Kop favourite as Carragher and as Gerrard.