Young is expected to fly out to Las Vegas on Sunday, and will be unveiled as Sir Alex Ferguson's second major signing on his return.
The United manager fended off competition from rivals Arsenal to land England Under 21 international Phil Jones earlier this week.
And the capture of Young ahead of Liverpool will take Ferguson's summer spending to almost £40m, with Atletico Madrid goalkeeper David De Gea set to follow in a £17m deal.
United have also opened tentative discussions over an audacious bid for Samir Nasri.
Ferguson's hardening interest in France star Nasri will astonish fans of both clubs as the Barclays Premier League champions look to become even stronger ahead of next season.
The talks were held in Manchester between intermediaries of United and Nasri and it is understood the player's agent Jean Pierre Bernes was not present.
With United still looking to sign Luka Modric from Tottenham, their interest in Nasri remains exploratory.
However, United have been made aware that Nasri is definitely interested in a switch to Old Trafford. Gunners boss Arsene Wenger said last week that there was no way Nasri would be allowed to leave for United.
Nasri has only 12 months left on his current deal but talks over fresh terms have stalled because of his wage demands.
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Rank | Team | W/D/L | Pts |
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Cities & Stadiums
The Top 3 Teams of Previous Tournaments
Year | Winners | Runner-up | Third place |
---|---|---|---|
2008 | Spain | Germany | Russia / Turkey |
2004 | Greece | Portugal | Netherlands / Czech Republic |
2000 | France | Italy | Netherlands / Portugal |
1996 | Germany | Czech Republic | France / England |
1992 | Denmark | Germany | Netherlands / Sweden |
1988 | Netherlands | Soviet Union | Italy / West Germany |
1984 | France | Spain | Denmark / Portugal |
1980 | West Germany | Belgium | Czechoslovakia |
1976 | Czechoslovakia | West Germany | Netherlands |
1972 | West Germany | Soviet Union | Belgium |
1968 | Italy | Yugoslavia | England |
1964 | Spain | Soviet Union | Hungary |
1960 | Soviet Union | Yugoslavia | Czechoslovakia |