The worried Dutch star, 27, looked to have blown his chance of leaving Inter Milan by asking for £200,000 a week.
Sneijder is now prepared to slash that demand by £60,000 a week.
It would still making him the second highest paid star at United - behind Wayne Rooney.
United offered Sneijder a contract last month and Inter were happy to sell at £35million.
But the Premier League champs could not agree on Sneijder's pay.
The attacking midfielder was sure they would come back with a new offer but that has not happened.
hahahaha.
well, if this is true.. pls sign him...
Still got 2 weeks to go, until I see him officially signed as a United player I will not believe it, it's been going on way too long. Along with Moratti, Giasperini and whatever Spaghetti who really really know how to use their mouth.
If it happens it happens.
In demand: Wesley Sneijder (centre) has long been linked with Manchester United
Wesley Sneijder will remain at Inter Milan this summer according to president Massimo Moratti, who has described the Dutch playmaker as 'untouchable'.
Sneijder has been linked with a move to Manchester United and revealed at the weekend he could be sold for the right price after 'unofficial talks' had begun.
Moratti has, however, denied those comments, saying there has never been any such negotiations and that Inter are not interested in selling one of their key men.
Moratti revealed his resolve to keep Sneijder has been strengthened further by the imminent departure of star striker Samuel Eto'o, who is set to join big-spending Russian side Anzhi Makhachkala.
"He goes for the financial fair play and because when you get an offer like that it's hard to refuse it. The financial fair play is serious, not a joke: whoever doesn't respect the parameters will be out of European competitions.''
'There has never been any kind of talks about Wes,' Moratti told Gazzetta dello Sport.
'It doesn't matter whether Eto'o stays put or leaves the club. Sneijder was untouchable before the situation with Eto'o and he has become even more so now Eto'o could leave.
'Sneijder is going nowhere.'
Moratti's comments come amid reports Sneijder is prepared to slash his wage demands to force through a move to United.
The midfielder appeared to have priced himself out a move by demanding £200,000 a week.
On his way: Samuel Eto'o is set to leave Inter for Russia
But Sneijder is said to be prepared to accept £140,000, a wage that would make him the second highest paid player at United, behind Wayne Rooney.
The Old Trafford club are believed to have sounded Sneijder out about a possible deal but could not agree personal terms on the £35million deal.
The Dutchman believed United would return with an improved offer but has now been forced to relent.
Sneijder claimed last week that he was keen on a move to United.
He said: ‘Manchester United haven’t made an official approach yet.
‘But there have been unofficial talks, there have been contacts. But then there are always contacts.
Exit: Sneijder is believed to be keen to leave Inter this summer
‘The situation is that I am now an Inter player, and chances are that I will still be that come August 31. There is also a chance I could leave.
‘That isn’t really down to me but the club. I think Inter have been very clear: if a good offer comes in, they have to let me go.
‘They don’t want to lose me but there is a chance they will let me go.
‘If something crosses my path, I have enough time to make my decision.’
Moratti also confirmed speculation regarding the club's interest in Manchester City's wantaway striker Carlos Tevez, but believes any deal is unlikely as he instead looks at other options to fill Eto'o's departure.