Michael Owen Agrees Personal Terms With Manchester United

Various reports have today confirmed that Michael Owen, Newcastle United and Real Madrid's former diminutive goal poacher, is currently undergoing a medical at Man united as personal terms have already been struck.

Sir Alex Ferguson has extended Owen an olive branch after it was widely expected that the former England international's career was on the decline due to a series of injury-ravaged spells.

According to a report in The Sun, Ferguson expressed an interest in Owen, who was the subject of a marketing offered to multiple clubs, on Tuesday. The tabloid claims United are offering the 29-year-old £50,000 per week, which also includes bonuses for appearances and goals. Other reports, though, intimate that the deal will be no greater than a play-as-you-play contract.

Prior to United's interest, Owen had only been linked with more modest clubs such as Hull City and Stoke City; both of whom had been competing in England's Championship (level two) the season before last.

One source "close to Owen" is reported to have told The Sun, "It's incredible that one day Michael was contemplating a move to Hull and now Manchester United have come in.

"This is just the boost he needed and now he is hoping that everything can be agreed."

Manchester United are yet to release an official comment regarding the situation