Posted on a Newcastle website: Michael CAN walk out on Newcastle in the summer if: 1) Newcastle fail to qualify for Europe. There is a £12million release clause. 2) If a club bids £12million or more in cash, not staggered payments, Owen is allowed to talk to them. 3) If Liverpool make any offer, Owen has be informed regardless of what fee they offer i.e. Newcastle cannot hide any bids that don't meet the release clause 4) He can walk if Newcastle are relegated 5) He has an option to walk if the manager (then Souness) is replaced. He can only do this when a new manager is confirmed and in position. 6) Outside the clauses/trigger fee, if anyone bids £15m+ (doesn't have to be cash upfront) he can speak to them. It's supposed to come from Richie Patridge who is engaged to Owen's sister.