Royals want ex-England man at The Madejski.
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Newly promoted Reading will launch an audacious bid to sign Michael Owen after Russian tycoon Anton Zingarevich finally completed his takeover of the club.
Royals boss Brian McDermott believes the former Liverpool, Real Madrid and Newcastle poacher is still capable of playing at the top level and can fire Reading to Premier League safety next season.
On Monday, Zingarevich completed his prolonged takeover – first revealed four months ago by Chairman Sir John Madejski – and has promised significant investment in the Championship winners.
Owen is a free agent after being released by Manchester United earlier this month. He has been plagued by injures in recent seasons, and managed just 31 appearance for United since arriving at Old Trafford in 2009.
McDermott is desperate to add some experience to his squad and could offset Owen’s high wage demands with a bumper signing on fee.
Wages aside, one snag in the deal is Owen’s desire to stay within commuting distance of his Cheshire home, although last week he admitted on Twitter that he was open to offers of a move to the south of England.
The striker has insisted he wants to stay in the Premier League, ruling out a move to the Championship.
Owen is set to meet his agent when he returns from a holiday next week with Reading poised to make an offer.