Michael Owen has revealed plans to create a player agency business in order to 'guide' youngsters starting out in the game.

The 33-year-old announced earlier this week that he intends to retire from professional football following a season at Stoke City.

While plenty have tipped the striker for TV punditry and management, the former England star, who netted 40 goals in 89 appearances for the Three Lions, is keen to start an agency.

"On July 1 I propose to set up Michael Owen Management Ltd. focusing on guiding young players through their careers and offering them advice at every juncture of what can be a career full of pitfalls," Owen wrote on his official website.

Owen will end his professional career following stints at Liverpool, Real Madrid, Newcastle United and Manchester United.