Newcastle United striker Michael Owen will wait until the end of the season before making a decision on his future.
Owen, 29, has recently been offered a new three-year contract to replace his current one which expires at the end of the campaign.
But the England striker has revealed his intention to take his time over his next contract at what is a "crucial" stage of his career.
However, Owen has rejected suggestions that his decision is an indication that he is hoping to leave the Magpies.
The former Liverpool and Real Madrid hitman has also ruled out the possibility of leaving St James' Park in the January transfer window.
He said: "Following speculation about my future at Newcastle United, I have decided to make it clear that I am committed to the club until at least the end of this season and I have informed them I do not want to make a decision about my future until that time.
"I hope this will be seen as a positive step and not seen as being disloyal in any way.
"I am happy here and enjoy the challenge. It is simply a matter of seriously thinking about my future as I was 29 last week and my next career decision is a crucial one.
"My decision is not about money. I told the club some months ago that I would accept a reduction in my wages.
"I have no intention of leaving Newcastle United during the January transfer window and want to assure the fans that, under Joe Kinnear's passionate management, I am committed with the rest of the players to ensure that the club ends the season on a high."