The Times says Michael Owen's return to Liverpool is 'imminent' after 'his former club made official contact with Real Madrid.'
The papers adds, 'The transfer, expected to be for about £12 million, is likely to be financed by the departure from Anfield of Djibril Cisse and Milan Baros.'
Baros is set to join Aston Villa for £6.5m in the next week, while Cisse is an apparent target for Lyon. Their manager, Gerard Houllier, signed Cisse while at Pool, and has money to spend after the sale of Michael Essien.
Considering their lack of forward resources, Newcastle have also inevitably been linked with Cisse after admitting defeat in their pursuit of Owen.
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