The former England striker is currently out of contract after leaving Manchester United and would be the perfect addition to Brendan Rodgers' squad our latest poll shows
Reds boss Brendan Rodgers has found himself with something of a crisis up top after Andy Carroll was loaned to West Ham on transfer deadline day before his proposed replacement, Clint Dempsey, opted for a move to Tottenham.
The Merseyside club now find themselves with just two recognised senior strikers on the books in the shape of Fabio Borini and Luis Suarez.
Meanwhile, Owen is currently without a club after leaving Manchester United in the summer following an injury-hit three-year spell with the Red Devils in which he made just 31 league appearances.
The 32-year-old forward made his name at Liverpool, scoring 158 goals after coming through the club's youth academy, but is unpopular with the Reds' fans after joining their fiercest rivals.
The Chester-born striker was also criticised for the manner in which he sealed a cut-price move to Real Madrid by running his contract with Liverpool down to its final year.
However, 75.6 per cent of readers believe that Rodgers should now move to bring the striker back to the club in order to give the Reds depth up top.
The remaining 24.4% disagree, believing the goalscorer's return would be a bad move.