The News of the World reports that Ferguson would be willing to
sell his injury-prone midfielder as early as the January transfer
window should an acceptable offer be received.
Hargreaves, 27, signed for United in 2007 for around £17 million
from Bayern Munich and won the Premier League and the Champions
League in his first season at Old Trafford.
However, he was far from a regular in the side due to a catalogue
of injuries which restricted him to only 16 league starts.
This season has been no different and Hargreaves has made only one
league start, in the 2-1 defeat to Liverpool, this season following
a persistent problem with tendonitis.
"For Owen's sake it is important we say he is not for sale," said
Ferguson.
"Selling the boy is not even under consideration.
"It is a good story. The fact he has been injured a few times since
he has been at the club.
"But United people remember what a contribution he made to us
winning the European Cup. He was available in the second half of
the season and played some important games for us."