Coentrao has long been linked with a move away from Real Madrid and now looks set to be closing in on a move to Old Trafford.
United boss David Moyes see the highly-rated Portuguese left-back as an alternative to Everton ace Leighton Baines.
Moyes has failed with several bids for Baines in the current transfer window.
Coentrao has also been strongly linked with a move to Tottenham. Reports suggests Spurs have been in contact with Coentrao over a move.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.