The Daily Telegraph reports that any extension of the former West Ham man’s current deal would be conditional on accepting a cut to the £115,000-a-week the Red Devils currently pay him.
Sir Alex Ferguson hinted at a reduced role for Ferdinand at the club due to his age and the injury problems that have restricted him so much in the past two seasons, but has been impressed with the way the England international has gone about adapting.
“Rio is adapting really well to the challenge of making sure he is fit and fresh to play in the games we need him,” said the Scot in the The Daily Telegraph.
“I think it’s all down to how he feels physically within himself and what he is doing at the moment is good.”
Ferdinand joined United just under ten years ago form Leeds United for a then record £30million and has experienced great success since the move.
However, the past couple of seasons have seen him struggle with fitness and has missed a number of games, his primary problem being a troublesome back.
Ferguson was happy with his fitness and believes they have worked out a way to handle the back problems if slight problems arise.
“He has no issues at all. From time to time, he gets the odd tweak in his back and we have to manage it and look after it,” added the Old Trafford boss.
“But it hasn’t surprised me in the sense that he’s still young for a centre-back. In normal terms, you would expect a centre-back, with his athleticism, to play well into their thirties anyway.
“But he had the back problem, so we’ve had to manage that and by managing it properly, he has adapted really well to it.”
Ferdinand will be desperate to do all he can to keep his place in the United side, which has become more difficult with the emergence of youngsters Phil Jones and Chris Smalling – as well as the improvement of Jonny Evans in the recent months.