Rashford’s contract at Manchester United expires in 12 months’ time and negotiations have been ongoing.
The 21-year-old is set to sign a long-term deal at Old Trafford, shunning interest from Barcelona and Juventus.
While Rashford is set to earn a bumper pay raise, the Old Trafford academy graduate is extending his deal because he wants to make United the force they once were under Ole Gunnar Solskjaer, according to The Times.
The forward is playing under his third manager, but believes the Norwegian can help him maximise his potential.
Rashford reached double figures in front of goal for the first time in his career last term although United finished a lowly sixth.
The England international scored on his debut against Midtjylland in 2016 and hasn’t looked back since.
He has cemented his place as the Red Devils’ prime marksman with his pace perfectly suiting the philosophy Solskjaer is looking to embed.
His form is such that big-money signing Romelu Lukaku has been pushed close to the exit door.
The Belgian is potentially going to be joining Antonio Conte, who was recently appointed manager of Inter Milan.
Another player closing in on an Old Trafford exit is Paul Pogba.
While Rashford shows underlying commitment to the cause, his French colleague depicts a man crying out for someone to end his three-year stay in Manchester.
He admitted recently that a “new challenge” was needed following an underwhelming return to the club he left as a 19-year-old.
Previous club Juventus and big spenders Real Madrid have been touted as his two most likely destinations.
United will demand more than the £89m it took to bring him back to the Premier League in 2016 which may cause Pogba to admit defeat in his pursuit of an exit.