According to Calciomercato, United are now willing to let the 22-year-old leave on loan this summer having previously been against the idea, so long as any potential deal includes an obligation to buy.
The 20-time champions are said to value Hojlund at €45 million (£39m/$52m), as they seek to avoid any major losses on the fee they paid for him back in 2023.
AC Milan, Inter, and Juventus have all been linked with a move for the Denmark international who is understood to be open to returning to Italy.
Deals for Matheus Cunha and Bryan Mbeumo mean United are now acutely aware they need to sell some forwards ahead of the 2025-26 season.