Owen agrees one-year extension
Sir Alex Ferguson has sprung a major surprise by handing Michael Owen a one-year contract extension.
Owen's present two-season deal was about to expire and, having been overshadowed by Javier Hernandez last season and knowing new signings were expected - in addition to the return of Danny Welbeck from Sunderland, it was anticipated the England striker would be released.
However, Ferguson evidently still views the 31-year-old as an important member of his squad. "Michael has proved to be a top footballer," said Ferguson.
"It is unfortunate that he did not get more opportunities but the form of Chicharito [Hernandez] put everyone in the shade and his partnership with Rooney proved invaluable.
"I am delighted Michael is staying for a further year and we will look to give him more opportunities in the new season."
The last of Owen's two league goals closed a record 19th title-winning campaign for the Red Devils, and earned him a championship medal for the first time.
It was also enough to earn him a place on the bench ahead of Dimitar Berbatov for Saturday's UEFA Champions League final, although he did not play a part in United's 3-1 defeat.
"I am delighted to have agreed a one-year extension to my contract," said Owen. "To play alongside so many great players, under an exceptional manager, and in front of so many passionate supporters is a real inspiration. I can't wait for next season to start."