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Owen arrives in Madrid

Michael Owen is in Spain to undergo a medical and seal his move to Real Madrid.

Michael Owen is already in Spain to undergo a medical and seal his move to Real Madrid from Liverpool.

The England striker has flown to Madrid with his girlfriend Louise Bonsall and a legal representative to complete his move.

Owen is expected to seal a five-year-deal with Real, who hope he will slot in alongside current strikers such as Raul, Ronaldo and Fernando Morientes.

Liverpool fans are still in a state of shock over the sale of one of their most recognised players.

The diminutive striker had indicated he was ready to sign a new deal with the club last week - almost 14 months after he had opened negotiations over a new contract to stay at Anfield.

However the lure of Madrid proved too strong, and Reds boss Rafa Benitez will now be hopeful that Milan Baros can replicate his international form at club level.

Owen is believed to be agreeing to a wage in excess of £2.5 million a year, not including bonuses.

Liverpool will receive around £8 million for the player and midfielder Antonio Nunez.