Michael Owen insists he is happy to be at Newcastle and is keen to show the club’s supporters what they have been missing after spending almost an entire season on the sidelines.

There has been speculation that might move away from St James’ Park, but he revealed he his committed to the Magpies.

“I believe that these can be good times to be at Newcastle, which is why I am more than happy to be here,” said the England striker.

“There has been plenty of speculation about my future, but I can assure the Newcastle fans that I didn’t start any of it,” he told The Times.

Owen missed most of last season after suffering a knee injury while playing for England at the 2006 World Cup and is determined to repay the faith placed in him by Newcastle.

“There was a lot of talk from other quarters and my attitude to rumour has always been to ignore it.

“I prefer to let my actions speak for themselves and I just wish there had been more opportunities to show the Newcastle fans what I am capable of. I am sure that is to come this season.”

According to reports Owen’s contract contains a clause which could trigger his departure if a bid of £9m was received.