According to Spanish report, the 27-year-old is willing to take a pay cut to join Barcelona this month.
The Spanish club hopes to sign him on loan for the rest of the season, but they cannot afford his salaries.
The player presently makes approximately €10 million at the English club, and the Spanish team would be required to pay €5 million in salary for the remainder of the season.
According to the source, Rashford is willing to cut his wage expectations by €2 million in order to close the deal.