Schweinsteiger has just one year remaining on his current Bayern contract and has commanded a transfer fee in the region of £12 million.
"My colleagues at Manchester United have been in touch," Rummenigge told reporters at a press conference on Saturday. "We've reached an agreement over a transfer. Bastian wants to do something new at the end of his career. He asked that we meet his wishes.
"I regret that he wants to leave because Bastian is one of the best-performing players that we have. He has done great things with the club, I can only wish the best for him. The national team can only benefit from this, I'm convinced he'll play well at Old Trafford."
Manchester United subsequently released a short statement on their official website confirming the transfer pending a medical and contractual terms.
"Manchester United is delighted to announce it has reached agreement with Bayern Munich to sign midfielder Bastian Schweinsteiger, subject to a medical and personal terms," the club stated. "A further announcement will be made when the process is complete."
United have offered the 30-year-old a three-year deal and wages of £180,000-a-week, a salary in line with his current earnings at Bayern, as well as a £4m signing-on fee.Louis van Gaal, who coached Schweinsteiger during a successful spell managing the Bundesliga giants, is understood to be the driving force behind the deal as he intensifies his efforts to strengthen a squad that needs bolstering in order to cope with the demands of domestic and European football next season.
Goal understands that certain members of the United hierarchy harbour reservations over the deal, particularly in light of Schweinsteiger’s age and ongoing fitness issues, but Van Gaal is confident his experience and enduring class will be of major benefit to his squad.
The Dutchman has so far been frustrated in his attempts to land Southampton’s midfield enforcer Morgan Schneiderlin with United reluctant to meet the south coast club’s £25m valuation.
Schweinsteiger, however, is not viewed as an alternative to the France international and United remain confident they will secure both players - who will be expected to compete with Michael Carrick, Ander Herrera and Daley Blind for places in Van Gaal’s starting XI - before the window closes.
United expect to be busy in the market before the start of the new Premier League campaign, which starts in little under a month’s time. The club are yet to resolve David de Gea’s future but have been given fresh hope of hanging on to the Spain international in light of Real Madrid’s move for Espanyol goalkeeper Kiko Casilla.
Radamel Falcao’s substantial wages have been shed from the books following his loan move from Monaco to Chelsea, while Angel Di Maria is understood to have his heart set on a move to Bayern following a similarly underwhelming debut campaign at Old Trafford.
PSG are also closely monitoring the Argentina international’s situation, while Robin van Persie is on the verge of completing a move to Fenerbahce, with the Turkish side confirming that the former Arsenal captain was due to arrive in Istanbul for a medical.
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