"Fernando is a great player and I'm sure he'll be a massive success at Liverpool," said Owen. "He's strong, good in the air and on the ground and he scores lots of goals.
"He will do well at Liverpool. They have been a little bit short of the top teams for a while now and have needed to sign a couple of world class players. Fernando is certainly one of them.
"He'll have no problem settling there because the fans are really passionate and will get behind him. It's a great signing for Liverpool."