The 20-year-old Italian has attracted the attention of a number of Barclays Premier League clubs, with Wigan Athletic currently favourites to secure his temporary signature.
Red Devils boss Sir Alex Ferguson is a known admirer of Macheda's ability, but with strength and depth in his forward department at Old Trafford, the youngster has had limited first-team opportunities so far this term.
An unsuccessful spell at Sampdoria last season has almost made up Macheda's mind about heading back to his native Italy for further experience, and so the Manchester United star has his heart set on a move closer to home.
"Now I do not feel right to return to Italy because my time at Samp went very badly," Macheda told lalaziosiamonoi.it. "Even at the level of adaptation was very hard.
"Then the team was not right, so it is hard to think of returning to Italy in January, instead to remain in England to play a little more here."
Having made just six appearances for Manchester United this season Macheda has been behind Wayne Rooney, Danny Welbeck, Dimitar Berbatov and Michael Owen, who is currently injured in the first-team pecking order.
And the emergence of promising youth product Will Keane has further increased competition for places at Old Trafford, so Macheda could benefit from the opportunity of regular football at another club.