The 22-year-old was told to find a new club by Ruben Amorim following the £74 million arrival of Benjamin Sesko from RB Leipzig.
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He struggled to establish himself at Old Trafford, scoring just 26 goals in his 95 appearances across all competitions during his two seasons.
Hojlund secured a loan move to Antonio Conte’s Napoli, returning to the Serie A having left from Atalanta to join Man United back in 2023.
According to transfer guru Fabrizio Romano, Napoli included an €85 million release clause in his contract, which will become active in 2027.