I do not believe this for one second, if he was allowed to go out on loan it would be too another premier league club!! He is in his last year of his contract and i would have thought that if Ferguson wanted rid of him then he would try and sell him.
Michael Owen has a very hands on interest in his own horse racing stable in Cheshire. He and his wife are there daily. He has ploughed millions into it, if he's to go out on loan, it will be to a club within an easy drive of his stables.
Of course there could be some substance in this. After all, they have some money, an ambitious board, a proven manager and have just signed David James.
Major coup for the club if it comes off but he is very injury prone. Have to wait and see I suppose.