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Hargreaves signed for United in 2007 for around £17 million from Bayern Munich and won the Premier League and the Champions League in his first season at Old Trafford.

However, he was far from a regular in the side due to a catalogue of injuries which restricted him to only 16 league starts.

This season has been no different and Hargreaves has made only one league start, in the 2-1 defeat to Liverpool, this season following a persistent problem with tendonitis.

The injuries have also kept Hargreaves out of the England squad and forced him to miss the recent successes against Croatia, Belarus and Kazakhstan.

The News of the World reports that Ferguson would be willing to sell his injury-prone midfielder as early as the January transfer window should an acceptable offer be received.

It is thought that the champions would be willing to take a slight loss on the midfielder and accept an offer in the region of £15 million for Hargreaves.

Certainly the Red Devils are well-stocked in midfield with Anderson, Michael Carrick, Darren Fletcher, Rodrigo Possebon, Paul Scholes and now Ryan Giggs all competing for the central positions.

Despite his problems with fitness, Hargreaves is likely to be in demand should the club prove willing to sell the 27-year-old.

The News of the World speculates that both Manchester City and Barcelona would be interested in signing the England international, although United would undoubtedly be unwilling to sell him to neighbours City.