According to Rob Parrish at Sky Sports News, Manchester United have agreed to terms with Aston Villa youngster Ashley Young. It is reported that Young will complete his move to United when he returns from holiday.

According to Manchester United's official website, striker Michael Owen has signed a one-year contract extension with Manchester United. Owen told the official website,

"I'm delighted to have agreed a one-year extension to my contract. To play alongside so many great players, under an exceptional manager, and in front of so many incredibly passionate supporters, is a real inspiration.

According to Manchester United's official website, Manchester United midfielder Paul Scholes has hung up his cleats and announced his retirement. Scholes said,

"I am not a man of many words but I can honestly say that playing football is all I have ever wanted to do and to have had such a long and successful career at Manchester United has been a real honour.

According to Francisco Acedo and Graeme Bailey at Sky Sports News, reports in Spain are indicating that Manchester United have agreed to a deal with Atletico Madrid for goalkeeper David De Gea. It is reported that the deal is worth £18.3million and will be announced next week.

According to Sky Sports News, Manchester United boss Sir Alex Ferguson is looking to sign three players this summer to strengthen his squad. Ferguson told MUTV,

"We have some ideas in mind ... Hopefully we can get them put in place .

According to the Express and Star, West Bromwich are the favorites to sign Manchester United goalkeeper Tomasz Kuszczak, who looks set to leave this summer due to a lack of playing time. Unfortunately there will be tough competition as teams like Tottenham and Arsenal could be looking to sign goalkeepers.

According to Daniel Taylor at the Guardian, Manchester United winger Nani is unsure about his future with the club. It is reported that Nani has spoken to his family and agent about the possibility of playing in the Serie A. While the 24-year-old is happy at the club, he may be looking for a change of scenery this summer or the following one.

According to Manchester United's official website, Manchester United midfielder Darren Fletcher has signed a new four-year deal with the club that will keep him there until the summer of 2015.

According to ESPN Soccernet, Schalke confirmed that Manchester United have interest in 24-year-old goalkeeper Manuel Neuer. Chairman Clemens Tonnies told Bild,

"An international consultant has approached me and informed me that Manchester United are interested in Neuer .

UPDATE: According to Manchester United's official website, Patrice Evra has signed his new deal with Manchester United that will keep him at the club until the summer of 2014.

February 18th, 2011: According to Daniel Taylor at The Guardian, Manchester United defender Patrice Evra has agreed to a new four-year deal with the club.

According to Peter O'Rourke at Sky Sports News, Liverpool goalkeeper Pepe Reina has not ruled out the possibility of moving to Manchester United, who may be in the market for a goalkeeper when Edwin van der Sar retires after this season.

According to Sky Sports News, Manchester United goalkeeper Edwin Van Der Sar will be retiring after this season. Van Der Sar told Sport-Promotion.nl,

"I cannot really identify a time when it [the decision] happened."

"She has fought back from it.

According to the Manchester Evening News, Manchester United footballer Ryan Giggs has put aside any talk of retirement and admitted that he is excited to continue playing next season. Giggs said,

"I am quite happy still playing at the moment and enjoying my football as much as ever .

According to James Robson at the Manchester Evening News, Sunderland are interested in signing Manchester United youngster Danny Welbeck on a permanent basis and are willing to offer £10million. However Bruce admitted that it will be very difficult signing Welbeck saying,

"In terms of converting any loan player to a permanent signing, you have to accept it's a fact of life that, in most cases, the better they do the less chance you have of getting them .

According to the Manchester Evening News, Manchester United boss Sir Alex Ferguson believes that Michael Owen will have a part to play with the club this season, which leads to the assumption that he isn't going anywhere this month. Ferguson said,

"Now he is back fit, Michael will always be considered part of the squad and he will play in some big games .

According to the Manchester Evening News, the agent of Patrice Evra has dismissed the rumor linking the 29-year-old with Real Madrid. Federico Pastorello said,

"There is definitely no truth in a move away from United ... He is very happy at United and is excited about how well the season is going.

According to James Robson at the Manchester Evening News, Manchester United are looking to extend the contract of striker Dimitar Berbatov. It is reported that the club would like to give him a three-year extension worth £120,000 a week

UPDATE: According to ESPN Soccernet, Federico Macheda will be joining Sampdoria on loan for the rest of the season. Sampdoria president Riccardo Garrone said,

"I am very happy that Macheda has chosen Sampdoria and I think it's the same for the fans .