Manchester United is open to offers for most of their first-team squad this summer to boost competitiveness. Marcus Rashford is on the transfer list, but the club prefers to keep him. Key players like Bruno Fernandes would require significant offers to consider selling. Financial constraints may delay major transfer moves until 2025-26.

Manchester United are reportedly willing to entertain offers for virtually all of their first-team squad this summer, as Sir Jim Ratcliffe aims to restore the club's competitiveness in major competitions.

It is understood that Marcus Rashford is on the transfer list, although club sources are adamant that their preference is to retain the England striker and assist him in recapturing the form that saw him score 30 goals for the first time last season.

Paris St-Germain have previously been linked with Rashford but have distanced themselves from making a move for the 26-year-old, especially with the expected departure of Kylian Mbappe.

Among manager Erik ten Hag’s regular starters, youngsters Rasmus Hojlund, Kobbie Mainoo, and Alejandro Garnacho are believed to be exempt from potential transfer talks.

Significant offers would be required before Manchester United would even consider selling captain Bruno Fernandes, goalkeeper Andre Onana, and full-back Diogo Dalot, who signed a new five-year deal less than 12 months ago.

The extent of transfer activity remains uncertain, with questions surrounding the level of interest in United’s squad and the potential transfer fees they could command. The club has historically struggled to secure substantial fees for player sales, with Daniel James' £25 million move to Leeds in 2021 representing their last major outgoing transfer.

With Profit and Sustainability Rules (PSR) impacting their financial decisions for the upcoming season, Manchester United are exercising caution about their expenditures, particularly given their likely absence from the Champions League next season.

The club's stance on player sales was first reported by the Daily Telegraph and aligns with discussions between manager Erik ten Hag and new technical director Jason Wilcox regarding the state of the squad and the challenges faced.

Certain experienced players will depart as their contracts expire, including Anthony Martial and Raphael Varane, while Sofyan Amrabat is expected to return to Fiorentina after a challenging loan spell.

The futures of Christian Eriksen and Casemiro are uncertain due to underwhelming performances, while Harry Maguire and Scott McTominay could be allowed to leave if suitable offers are made.

Loanees Donny van de Beek and Hannibal Mejbri are currently playing elsewhere, and it is expected that Mason Greenwood and Jadon Sancho will also leave.

The uncertainty also extends to Erik ten Hag's tenure amid potential interest from Ajax, with discussions about a contract extension likely if Manchester United decide to continue with him beyond his current deal, which expires in 2025.

Sources within Manchester United have suggested that the club may need to wait until the 2025-26 season before making significant moves in the transfer market.