Michael Owen has no intention of retiring from football at the end of the season, according to his management company.
A report on Friday morning claimed the Newcastle and England striker will become a full-time racehorse trainer and owner after quitting the game in the summer.
"Any suggestion or unfounded speculation that Michael Owen has any intention of quitting football is totally untrue and wrong," read a statement from Wasserman Media Group.
"Michael remains as committed to his football career as he ever has been and is deeply and professionally offended that anyone should suggest otherwise."
The statement continued: "Michael Owen has instructed lawyers and will take action against any publication which he feels inaccurately or unfairly suggested he is quitting football and is damaging to his professional reputation."