That is according to Sky Sports transfer expert Kaveh Solhekol, who says that some people in the Old Trafford hierarchy have not forgotten.
Serie A giants Inter have made a formal approach to Manchester United over a deal for Lukaku.
The Belgian wants to leave the club this summer after falling down the pecking order under Ole Gunnar Solskjaer.
Inter are yet to make a formal offer for Lukaku but sporting director Piero Ausilio claims an official approach has been made.
Ausilio jetted into London on Thursday for talks with United over the transfer.
United though have previous with the Italian side after negotiations to sign Perisic went stale.
The Croatia international was previously a top transfer target for former boss Jose Mourinho.
But executive vice-chairman Ed Woodward refused to meet Inter’s £48m asking price at the time.
“There is some sort of bad blood between the two clubs”
It was a similar story in 2018 with Manchester United bigwigs again refusing to pursue Perisic, despite Mourinho earmarking him as a target.
And Solhekol thinks that there is bad blood between the two teams because of these negotiations.
“There is some sort of bad blood between the two clubs,” Solhekol told Sky Sports’ The Transfer Show.
“Two years ago Manchester United were desperate to sign Ivan Perisic from Inter Milan.
“They offered €45m but Inter wanted €50m Euros and refused to sell over just €5m, and I think some people at Manchester United may remember how they behaved over that.”
The United hierarchy have reportedly slapped a £75m price tag on Lukaku in order to recoup the entire fee paid to Everton two years ago.
However, it is believed Inter are nowhere near meeting that estimation with the Serie A side wanting to taking the player on a cut-price season-long loan before staggering payments over the following two summers.
Solhekol explained: “Inter Milan want to take him on loan for £9m and then pay £27m next summer and another £27m the following one.
“But that only adds up to £63m which is still short of Manchester United’s valuation and at the same time they’d be getting a world-class striker for just £9m.
“It’s like me walking into a Ferrari dealership, asking how much a Ferrari 488 is and the salesman saying that is £200,000.
“I then offer £20,000 to take it on loan for two years before paying another £20,000 in two years’ time – they’d tell me to take a hike and I think that’s what Manchester United will be saying to Inter Milan.”