The report claims that talks between the club and Cogalan’s representatives at Carrington went well.
Ferhat’s father Sedat confirmed talks with United and admitted he could not refuse to at least consider a move to Old Trafford.
Sedat said: “We’re in no hurry because Ferhat is in contract with Valencia until 2021.
“But when a club like Manchester United invites us, it is logical that we study the proposal, right?”
Cogalan was first came to the attention of United after being recommended by Phil Neville during his time as Valencia assistant coach.
The La Liga outfit reportedly value the youngster at €13 million but still have an agreement that runs up until 2021.
Alarmed by the United interest Valencia academy director Jose Ramon Alexando held emergency talks withe Cogalan’s father Sedat back in Spain.
Cogalan is rated as one of the brightest talents in Turkish football and has already broken into the youth team setup.