Manchester United could listen to loan offers for Nicky Butt after failing to find a buyer for the England player. Birmingham, Newcastle, Middlesbrough and Aston Villa have all been linked with the 29-year-old midfielder.
United have not received any firm offer for the player who is no longer guaranteed first-team football at Old Trafford and may now loan him out.
United boss Sir Alex Ferguson told Butt last December that he was free to leave after falling out of favour.
Butt came through the youth ranks with the likes of David Beckham, Gary and Phil Neville and Paul Scholes in United's famed class of '92 and has won 35 England caps.
He appeared to be on the brink of a move to Birmingham in January, only to change his mind after talking to Ferguson and England coach Sven-Goran Eriksson.
He came on as a substitute in United's FA Cup final win over Millwall and May. Butt said at the time: "I made the decision to stay in January and I stand by that.
"But the manager might have different thoughts in the summer. I don't know where I stand at the minute.
"If you leave Manchester United you are taking a step down. I am trying not to think about it just now but I will look at it again after the summer is over."