The Spaniard is set to pen fresh terms with the Premier League heavyweights.
He’s expected to recieve a staggering £375,000 a week over six years.
In total, United will pay around £117m to keep him on the books for that period.
De Gea has been a consistent performer for United since signing from Atletico Madrid in 2011.
“Ed Woodward is pulling the strings at Manchester United”
But his performances took a little dip as the Red Devils struggled last season and De Gea, 28, is approaching his peak.
Simon Jordan, who was chairman of Crystal Palace from 2000-2010, says Woodward is making a big mistake.
“This is a lack of football savvy, this is laziness,” he told talkSPORT.
“If you look at De Gea’s performances, he’s in decline.
“He made only saved 69 per cent of the shots he faced last season, which puts him in the bottom-half of the Premier League goalkeepers.
“He’s in an average team, sure, but there are averages teams that have goalkeepers who are performing at a better level.
“I think this is Manchester United, this is Ed Woodward saying: ‘I don’t need a goalkeeper problem, I can’t be bothered with that. We’ve got problems with Pogba, problems with Lukaku, I’ve got a manager I think might be fit for purpose but I’m taking a fly on him…’
“I think Woodward is being lazy and would rather say, ‘I’ll do something with other people’s money’.
“I’m not saying De Gea is in full decline, but what I am saying, when you look at the statistics, is where else do you get a reward for going backwards?”
United still have plenty of business to do before the transfer window shuts on August 8.
The Red Devils are chasing Leicester centre-back Harry Maguire.
An £80m transfer has been mooted, but a deal is yet to get over the line.
United also look set to lighten their ranks and cash in on some underperforming stars.
Paul Pogba is wanted by Real Madrid and Romelu Lukaku is firmly on Inter Milan’s radar.