Rangers will take on Belgian club Liege at Ibrox in the Europa League on Thursday evening.
Steven Gerrard’s side will head into the Group D game on the back of a 4-0 victory over Falkirk away from home in the second round of the Scottish League Cup.
Rangers played out a 2-2 draw with Benfica at Ibrox in the Europa League last week, having been 2-0 up after 69 minutes.
A win for the Gers at Ibrox on Thursday evening will guarantee their place in the the knockout rounds of the Europa League, and former Liverpool striker Owen has backed the Scottish Premiership club to pick up all three points from the encounter courtesy of a 1-0 win.
Owen said: “A point will be enough for Rangers to ensure their place in the next round of the Europa League. Steven Gerrard’s men were unlucky not to take 6 points from their back-to-back games against Benfica. They had to settle for 2 after conceding late goals in both matches.
“However, they have a chance to redeem themselves against a Standard Liege side that sit bottom of the group. The Belgians got their first 3 points of the campaign at home to Poznan last week and need a repeat result to at least stay in the competition until the final matchday.
“The Gers go into this undefeated in their last 7 Europa League matches, and if they continue to play as they have been on home soil, I think the points will be staying at Ibrox.”