The former England striker, who is set to retire at the end of the season, insists he was not offered a contract at St James' Park when they were relegated in 2009Michael Owen claims it would have been "financial suicide" for Newcastle to have kept him when they were relegated from the Premier League in 2009.
After an injury-hit four years on Tyneside, the striker went on to sign for Manchester United, where he often struggled for game time.
|ENGLAND PLAYERS HAIL OWEN
|3/1||Newcastle are 3/1 with BetVictor to finish in the Premier League top 10 this season
He tweeted: "Newcastle fans, following my Football Focus interview, plenty of you tweeting me saying you don't blame me for getting injured but for leaving when we got relegated.
"Despite the club saying they did, they didn't ever offer me a new contract despite them putting it in the press that they did. How could they when they had just been relegated? It would have been financial suicide.
"I've seen it a million times, a club will blatantly lie to their fans to take the moral high ground leaving the player with no leg to stand on.
"I've taken the stick for years which is fine but you really don't know half of it. All will be revealed one day."