I'm inclined to agree with what Redkop has said but I can justify what I type.
I do think Michael Owen has become over-rated - he certainly was in the position of having the world at his feet back in '98 after THAT goal. It is without doubt that he can still score goals but I have never been a fan of his style of play, i.e getting the majority of his goals within the 12 yard box. Whenever I watch him, I see him tumble to the deck far too often - that's either through his own choice or he doesn't possess the body strength for a tussle with a defender. It is a pity that he doesn't have the physical presence of Alan Shearer and the same willingness to have a crack at goal from all kinds of distances.
His susceptibilty to injury was a result of '98, the only way defenders could deal with him was to hit him hard and chop him down, which is something Owen has now paid for. I would say he isn't an automatic choice anymore for England because it's well documented that Capello favours tall, strong, fast forwards, none of which applies to Owen.
As for Keegan, he isn't doing himself any favours. As a player he made the right choices and certainly gave excellent service to Liverpool. As a manager, he has been screwed over a number of times (Dennis Wise anyone?).
The problem with Newcastle is that the board try to chuck limited amounts of money at the team and expect it to fix the problem. Owen is being lauded as the sole saviour of the club. Until such times that Newcastle have a team focus over an individual focus, then they will always struggle.
Newcastle have players who are only Championship standard and there is no quality throughout the squad. They need to attract/train players on the scale of Ginola, Asprilla, Lee and Albert again.