Brighton is reportedly one of the clubs interested in signing the 23-year-old England international, and the Red Devils are currently accepting bids for the player.
According to reports, the Seagulls had inquired about Sancho last month, but United had turned them down. Albion now believes they have a chance to secure the deal with a record-breaking offer thanks to the club's change of heart.
Sancho failed to live up to the anticipation surrounding him after four explosive years in Germany when he transferred from Borussia Dortmund to Old Trafford for £73 million in the summer of 2021.
The elusive wide player has started just 26 of Manchester United's 62 games this season despite making 79 appearances for the Manchester team and scored 12 goals. He has fallen out of boss Erik ten Hag's good graces.
He was a member of the starting lineup for United's FA Cup final loss to Manchester City on June 3 at Wembley. He was replaced by Wout Weghorst in the 78th minute.
Brighton already shattered their transfer fee record this summer when they paid £30 million for Watford winger Joao Pedro, so if they were to sign Sancho, it would be the second time.
The Sussex team has already been active in the early parts of the summer transfer season as they appear set to sign free agents Mahmoud Dahoud from Borussia Dortmund and James Milner from Liverpool.
His pay may be a significant roadblock for the Sancho deal. He is now paid £350,000 per week under his current United contract, which is valid through June 2026.
The Ammex Stadium outfit will have to rival Tottenham Hotspur if they are able to go around his wage hurdle.
According to recent reports, London-born talent could be on the market soon thanks to Premier League rivals Tottenham Hotspur.
According to the Daily Star, Sancho will be transferred from United to Spurs in a record-breaking £50 million move as the team looks to rebuild under new boss Ange Postecoglou.
According to the source, Tottenham is one of the teams looking at Sancho this summer, along with James Maddison of Leicester.
Even if it's said that Tottenham is prepared to make a bid of £50 million, it's said that United will demand up to £60 million before entering into talks.
In addition to Tottenham, Borussia Dortmund has also indicated interest in re-loaning the 23-year-old player for a full season.