The 28-year-old will become the third signing at Old Trafford after the arrivals of Romelu Lukaku from Everton and Victor Lindelof from Benfica.
The Red Devils have a poll of young talented wingers like Anthony Martial and Jesse Lingard but manager Jose Mourinho is keen to add the experience of the Croatian star after Antonio Valencia excelled at right back for two consecutive seasons.
The Sun UK claim the 20-time premier league champions have agreed on a £40m fee for Perisic who is desperate to quit the San Siro in favour of playing under Mourinho in England.
Perisic is expected to sign Manchester United and fly out to fly out to the United States where the team is currently on a pre-season tour and be unveiled just like Lukaku.
Manchester United are set to play their second preseason friendly today against MILS side Salt Lake City.
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