The Daily Star reports that their sources in Brazil claim the 23-year-old could be ready to return to Brazil.
Corinthians are keen on signing Rafael as a replacement for retiring star Alessandro.
Rafael’s current contract with United is set to expire in the summer of 2016.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.