The new Magpies boss arrived at St James´ Park with speculation already rife over the future of the England striker and two injury-hit years have restricted Owen to little more than a handful of games for the club since his £17million move from Real Madrid in the summer of 2005.
He has a release clause believed to be £9million and Allardyce said: "If Michael wants to leave, there´s nothing I can do about it, especially if another club triggers his release clause."
© Copyright PA Sport Ltd 2007, All Rights Reserved.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms