Newcastle United chairman Chris Mort has confirmed that there is no longer a buy-out clause in England striker Michael Owen's contract with the St James' Park club.
The 27-year-old had been linked with a cut-price £6million move away from the Magpies, but Mort says that that is no longer possible.
He said: "There was a clause in Michael's contract which allowed him to leave for a certain fee during the last transfer window and the summer before that as well, but that sort of clause does not exist any longer.
"We want to see a fit Michael Owen score goals for Newcastle United for many years to come. There is no nervousness about his contract situation."
Newcastle boss Sam Allardyce added: "I don't think the existence of the £6million clause is correct.
"I'd like to see him fit for the next 20 games on the trot or more then enter into a new contract. The most important thing is that he's available for selection every week and we can control it.
"Whether that means we lose him at the end of the day or not is non-negotiable, because if it happens it happens. But we want to see him fit, playing and scoring on a regular basis."