The Reds have previously been reluctant on such an arrangement but the 19 year olds representative, Marcello Bonetto, now claims United want the teenager to gain more first team experience.
"Federico could leave United, that is true, but only on loan," Bonetto told Fiorentina.it.
"The club and Ferguson have absolute faith in Chicco. With the return of Michael Owen, confirmation of Wayne Rooney, plus fine form for Dimitar Berbatov and Hernandez, the space for him in Manchester has been reduced.
"We talked it over and were given the all-clear by Ferguson to go on loan for six months in January to gain experience.
"If we do decide to leave Manchester, then Italy represent the most likely destination.
"Up until now we have not been contacted by anybody, but will only choose a club that can guarantee Federico consistent playing time. That's the only reason for leaving Manchester.
"Fiorentina have not contacted us, but can do whenever they want."