Rashford's contract with United, which is presently up for sale, is set to expire at the conclusion of the next season.
After being well known for his difficulties the previous year, the striker is having an incredible season, tallying 27 goals and nine assists in 44 appearances across all competitions.
Rashford, who will be 25 years old, is anticipated to sign the largest deal of his career, one that would span his prime years.
The Sun claims that the England star has remained silent because of United's desire to impose a wage cap of roughly £200,000 per week for new contracts.
The club wants to use this to minimize jealousy among the players since numerous first team stars have recently earned significantly different salaries.
But Rashford and his team are waiting to see what a new administration might bring, with a Qatari consortium headed by Sheikh Jassim and Ineos owner and Britain's wealthiest man Jim Ratcliffe considered as front-runners for the club. Rashford has scored 18 goals in 25 appearances since the World Cup.
Rashford is now one of the most in-form players in the world, which means he could potentially earn substantially more than £200,000 per week. Both have pledged to spend handsomely if they are handed the keys to Old Trafford.
The story goes on to say, however, that Rashford's choice to refuse a deal would probably make it take a much longer than anticipated to resolve his contract problem.
On Wednesday night, the takeover battle took a new turn when it became apparent that, in spite of claims from representatives to the contrary, neither the Qatar-based bid nor that of Sir Jim Ratcliffe had actually been submitted before the deadline of 9pm set by US merchant bank Raine Group, which is handling the process.
Instead, Ratcliffe's Ineos company and the Sheikh Jassim bin Hamad al-Thani group both requested and received more time.
Delayed bids are anticipated to be filed in the following 24 hours, with a revised deadline of Friday at 9 PM.
Rashford is presently relaxing in New York during the international break after withdrawing from England duty due to an injury.
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