Southampton manager Ronald Koeman is ready to let midfielder Morgan Schneiderlin join Manchester United, but only at the right price.

United have already failed with their initial bid and according to reports a minimum offer of £27m would be required to sign the French midfielder.

"Every player has his price and we have experience as a club of selling players," Koeman said.

"Last season we sold some players, and if there is interest in Morgan then OK. But it has to be at the price the club wants. He is one of the key players or our team, an international player. And I don't think is a problem for Manchester United."

When asked if Schneiderlin still figures in his plans, Koeman said: "No. I know the situation. I have spoken a lot with Morgan.

"Last season we finally said: 'Stop all this business because we are not selling any more players' [after Adam Lallana, Dejan Lovren and Rickie Lambert had been sold]. That was difficult for him but he came back after a few days with good motivation and had a great season. But we know the situation now.

"There is a lot of interest in the player. With a club like United, we know it's difficult to keep the player. But if they pay, then OK, we can make the transfer."