And Where were you in Istanbul?
That was the real beauty of Owen leaving, he ran down his contract, promising to re-sign while secretly planning to exit to Madrid in the belief they would provide him with the glory of something like a Champions league. 9 months later and the trophy is sitting in Liverpool and he's not wanted anymore.
After we won the CL we probably looked a decent bet for him again but he'd sold his soul to the Spanish and had little choice, he wanted his England place secure which was now threatened so, despite his boyhood club Everton showing interest, he was forced to the North East because no top club would take the risk anymore at the asking price (and the hiked wages he'd managed to get to by running down his contract by lowering his sale price). Newcastle (as ever) had more money than sense.
In order for him to have a bit part in winning something (on top of the 5 trophies he won at Liverpool) he had to sign for our biggest rivals, who back then were a shoe-in for silverware most years, it looked a little hollow but (excepting Stoke) gave him a little time in the sun at the end of what was a career which started off like a rocket and ended in mainly disappointment.
Players earn good money for what they do, some earn respect of the fans on top of that, often from more than one club (ie Jermain Defoe), Michael has his money. He could have been a legend.