According to reports from La Gazzetta dello Sport, the 36-year-old Portuguese striker would be willing to reduce his current salary demands.
Ronaldo is considering moving on from Juventus a year before his contract expires in 2022.
Juventus are almost certain to fail to win Serie A for the first time in a decade.
They under-performed again in the Champions League – the trophy that he was brought in to challenge for.
The Italian club are struggling financially as a result of the coronavirus pandemic.
They were dealt a further blow when their plan for a remunerative European Super League was sunk swiftly earlier this week.
Juventus willing to sell Ronaldo
Juventus may be willing to see Ronaldo leave in order to cut their expenses, and would expect around £25 million as a transfer fee.
Ronaldo reportedly wants 20 million euros a year.
Paul Pogba, United’s 28-year-old French midfielder, is also out of contract next summer and the two could exchange their clubs.
United were also keen on establishing a European Super League, but the fallout from the incident has seen Ed Woodward announce his resignation.