The 18-year-old Belgian only has one year left on his current contract and with interest mounting from Juventus and Barcelona, it is a smart move from United to tie the talented playmaker down to a longer deal.
According to the Daily Mail, Januzaj will be made available for loan this season and that is going to be a big decision for United to make.
Does the club keep Januzaj to try and ease him into first-team action through the cup games or do they let him join a club on loan in order to get him playing regular first-team football.
For many, myself included, keeping Januzaj in Manchester would be the right move for both player and club. He would get first-team opportunities through the cup games and given how much faith David Moyes showed in him on the pre-season tour, there are reasons to suggest he may get more chances with the first-team than we all think.
After all, Angelo Henriquez may not have had much game time on loan at Wigan last season but the whole experience of training with a Premier League club had a profound effect on him as he showed with a great summer on international duty with Chile and when given the opportunity to play by Moyes in Sweden.
On the flip side, Januzaj leaving the club on loan would give him the guaranteed first-team football that would help him rapidly progress but he would need to join a club that complimented his neat, incisive style of play. A move to Watford could be great for Januzaj, for example.
Eric Harrison, United’s ex-youth coach who is fondly remembered for helping the rise of ‘Fergie’s Fledgelings’, has hyped up Januzaj’s progress in the past year by comparing him to Cristiano Ronaldo.
Speaking to the Manchester Evening News, Harrison said: ‘Januzaj is outstanding and I think he is similar to Cristiano Ronaldo.
“He can beat people and with Wilfried Zaha, I think there is some outstanding quality there.’
While that may be premature, Januzaj is certainly a real talent. He showcased that against Liverpool’s U21s this week where, despite the 4-2 loss, he was by far and out the best player on the pitch by a long margin. There is no doubting how much of a talent Januzaj is and United could certainly benefit from having someone like that in the first-team squad but there is also a very logical argument to support a loan move.
A potential compromise could see him stay until January to play the bulk of the cup games before leaving in January on loan, so as he can do both. Whatever happens this year to Januzaj, United fans will be eagerly anticipating the time he gets a chance to impress with the first-team competitively given how much he has impressed when given opportunities this year by Moyes.