Currently on-loan with Lazio, the Romans are set to pass on the option of making the deal permanent in June.
Instead, reports Radiosei, United are circulating Pereira's availability across Europe.
The option in his Lazio deal is worth €25m, something they have no interest in paying.
However, the door is open to Pereira forcing management into a rethink if he can find some form in the coming months. But for now, he will be sent back to England at season's end.