Newcastle United manager Joe Kinnear insists Michael Owen will not be leaving St James' Park in the January transfer window.
The England striker is out of contract at the end of the season and has been linked with a cut-price move to Tottenham and Everton in the new year as the Magpies seek to recoup some of the £16million they paid Real Madrid to sign him in £16million.
But Kinnear is adamant that Owen will stay with the club until at least the summer as he remains central to their hopes of avoiding relegation.
He said: "(Owner) Mike Ashley will be looking to get his money back when he sells and that is about £240million.
"But if Newcastle end up relegated the club would only be worth £100million. It wouldn't make sense to sell any of out best players in January.
"I suppose people are waiting to grab him (Owen), so maybe we will lose him, but we can only lose him in the summer.
"It wouldn't make sense to let him go next month. If we got players to strengthen the side why weaken the striking department?
"If Mark Viduka got his old injury, we'd be back down to two strikers. No-one is going, that would weaken the squad. No chance.
"If we could get like for like, lose somebody but get a better one in, I don't mind doing that.
"I am looking to buy two players and maybe get two or three players on loan. That will happen 190 per cent.
"I've already made one offer for a left-back and this is in England."
Meanwhile, Ashley has revealed he has not received "a single credible bid" for the club despite putting the Magpies up for sale in September.