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The Frenchman came off the bench to help United secure a last-gasp win over West Ham on Saturday but will not be representing the club again this season.
Multiple sources, including transfer expert Fabrizio Romano, say the deal is done, with Sevilla paying Martial's wages.
The former Lyon and Monaco man, who recently denied misconstrued comments from Ralf Rangnick indicating he refused be in the United squad, was reportedly keen on moving to La Liga.
Breaking | Manchester United and Sevilla have reached an agreement over the loan of Anthony Martial, according to @JulienMaynard.— Get French Football News (@GFFN) January 24, 2022
Anthony Martial from Manchester United to Sevilla, done deal and here we go! Agreement reached tonight between the two clubs. Player has accepted, Sevilla was his priority. ⚪️🔴 #Sevilla— Fabrizio Romano (@FabrizioRomano) January 24, 2022
Sevilla will cover his salary until June. Martial will fly to Spain in the next hours. #MUFC pic.twitter.com/a5U392Es3k
Manchester United and Sevilla have reached agreement over Martial loan. United thought to be receiving around 4-5m or they will save that in salary costs* . Newcastle United now pushing to finalise loan move for Lingard before the weekend. *This part remains unclear to me.— Chris Winterburn (@cmwinterburn) January 24, 2022
The 26-year-old will now fly to Spain to complete the move before being officially presented.
Sevilla, do not have an option to buy Martial outright, are paying a loan fee of around €6 million, according to reports.
United paid an initial £36 million fee for a teenage Martial in 2015, though a slew of bonus payments were included in the deal.
He made an emphatic start to life at United by coming off the bench to score a stunning solo goal against Liverpool and finished that season with 17 goals in all competitions.
Overall the 26-year-old has made 269 appearances for United, scoring 79 times.
His best goalscoring season came in 2019/20 when he found the net 23 times but Martial struggled to find consistency in a United shirt.
He reportedly rejected moves to stay in the Premier League, specifically Newcastle and Spurs, for a change of scenery in La Liga.
In the summer, it's claimed Ole Gunnar Solskjaer wanted to sell the player but no clubs would meet the asking price set.
Instead, winger Dan James ended up making way in a £25 million move to Leeds United.
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