Michael Owen expects Brown Panther to take in a warm-up race this spring before being given a chance in the Gold Cup at Royal Ascot.
Last summer's Goodwood Cup winner was most recently seen in November's Melbourne Cup, where he showed up prominently before fading to finish eighth, and picked up an injury.
The footballer-turned pundit bred the six-year-old and owns him jointly with Andrew Black.
Speaking in his role as a British Champions Series ambassador, Owen said: "We were going to go on to Hong Kong and then Dubai, but he got struck into in Australia.
"He's fine, perfect now and the Ascot Gold Cup is the main aim for the early part of the year.
"There are races at Ascot [Sagaro Stakes], Sandown [Henry II] and York [Yorkshire Cup] as potential stepping stones, but the first main aim is the Ascot Gold Cup."