The Reds are struggling with a lack of options up front following Andy Carroll’s move to West Ham.
Owen is a free agent after having been released by Manchester United at the end of last season.
“I don’t think he has got a lot of choice [but to go for Owen],” Staunton told TalkSport.
“My only concern with Michael is the amount of games he has played over the last few years, if you want him to come in and be your main striker.
“But there is no doubting his quality and his finishing ability. He will always score goals.”
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As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?
Being an amiable guy is good for you and Jurgen Klopp is living proof.