In order for the 29 year old to sign up he would have to agree to a 1 year contract with the option of an additional 12months providing he played 15 games or more throughout the season.
Duffen told the NOTW;
"We're interested in Michael Owen on the right terms. He's a fantastic footballer. He's had a few injury problems but we would have to be interested in him.
If the right deal can be done then we would definitely be keen to sign him. We are an ambitious football club and we want to show that.
It would be an enormous move for us but the deal can be done if it is on the right terms."
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