Manchester United eye Serie A striker in bid to bolster attack
The Daily Express report that United are weighing up an approach for Icardi, who new Inter boss Antonio Conte is willing to sell.
Conte is keen to replace the Argentinian with Lukaku, a player he tried to sign while in charge of Chelsea.
And United want to capitalise by arranging a swap deal which would see Icardi move to the Premier League.
The Serie A side are desperate to get their former captain off the books and would reportedly be open to such a transfer.
Icardi has scored 124 goals in 219 appearances in all competitions for Inter.