Ighalo is joining United on loan for the rest of the season but there is no option to buy in the deal, Omnisport understands.
United, who finally signed Bruno Fernandes for a fee of £46.5million (€55m) and a potential further £21.1m (€25m) in add-ons on Thursday, were eager to bring in a striker prior to the end of the transfer window.
With Marcus Rashford out injured, United were said to have had an approach for Josh King rebuffed by Bournemouth before turning their attention to Ighalo.
The Nigeria forward has spent the past three seasons in the Chinese Super League, scoring 10 league goals for Shanghai Shenhua last term after two prolific campaigns with Changchun Yatai.
But the 30-year-old will now bolster Ole Gunnar Solskjaer's attack, with United just managing to get a short-term loan deal completed before Friday's deadline.
An official announcement from United will come later, but it is understood all aspects of the deal have been agreed.
Ighalo has Premier League experience, having scored 16 goals for Watford in 55 top-flight appearances between 2015 and 2017.
Domestic football at all levels in China has been postponed in order to help control the spread of the virus - a SARS-like condition - which has reportedly claimed more than 130 lives.
The CSL was scheduled to get underway on February 22, with Guangzhou Evergrande looking to defend their title.
"The Chinese Football Association will continue to maintain close communication with national authorities, determine the timing of each season's events in combination with the actual development of the epidemic situation and make reasonable adjustments to the system, schedule, and scale of some events when necessary," a statement read on Thursday.
"Relevant information will be released in time through the official channels of the CFA.
"On behalf of the majority of football workers across the country, the Chinese Football Association pays deep tribute to all medical workers and staff who are currently struggling in the frontline of epidemic prevention and control!"
It comes after the World Athletics Indoor Championships in Nanjing were also postponed until next year because of fears surrounding the spread of the coronavirus.
There have already been casualties in China as the virus spreads across the globe, and the World Health Organisation called for global action to combat the deadly outbreak on Wednesday.
Fabio Cannavaro's Guangzhou Evergrande dethroned Shanghai SIPG in 2019, finishing just two points ahead of Beijing Guoan.
Sport has been brought to a standstill due to COVID-19, with Serie A, LaLiga, Bundesliga, Ligue 1 and the Premier League all on hiatus.
The Champions League and Europa League finals have also been postponed, with Euro 2020 pushed back to next year following more than 18,800 deaths worldwide – over 9,800 of the casualties from Italy and Spain.
Former Italy, Juventus and Real Madrid defender Cannavaro – now in charge of Chinese Super League powerhouse Guangzhou Evergrande – is not confident that football will resume by May.
"In less than a month it is not known what is going to happen in the world," the 43-year-old told COPE.
"I think it will take a long time for this to end in Italy and Spain.
"It will be difficult for European football to return before the season ends."
Cannavaro has been based in China since joining Evergrande in 2014 before returning in 2017, while he was briefly in charge of the national team last year.
China has enforced strict measures to combat the spread of coronavirus, which originated in the country and has claimed more than 3,270 lives.
"The virus in Guangzhou is under control and life is beginning to go back to normal," Cannavaro added. "There are no more restrictions, only 14 days at home.
"In two days, I finish my quarantine. All of us who come back have to do it.
"Staying at home is essential because we do not give the virus the opportunity to infect more people.
"We have to learn from China, they have more experience in this situation."
It was announced the former Manchester United midfielder, now playing for Chinese Super League side Shandong Luneng, had contracted COVID-19 on March 22.
Fellaini has since been recovering in hospital, where he has posted regular updates on social media.
A short and widely released Shandong statement read: "Fellaini was assessed and was deemed to have recovered and was discharged today."
The Belgium international has also taken to Instagram to post about his recovery.
"The time has come for me to thank from the bottom of my heart, the medical staff of the hospital, their nursing staff as well as my club and its medical staff for taking such good care of me with so much kindness and for ensuring my comfort whilst there," he wrote.
"The hardest part is behind me! Let's keep fighting, it's important!"
Fellaini, 32, moved to China in February 2019 after five and a half years at Old Trafford.
There have been 82,249 recorded cases of coronavirus in China, with 3,341 of those people dying.
Lippi has been without a job since resigning as China head coach in November last year following a 2022 World Cup qualifying defeat to Syria – his second stint in charge of the Asian nation lasting just six months.
The 72-year-old tasted silverware with Italy, Serie A giants Juventus and Chinese powerhouse Guangzhou Evergrande but the Italian great will not be returning to the dugout.
"I'm definitely done with the coaching job," Lippi told Radio Sportiva. "That's right, it's enough.
"Maybe I could be useful in other roles, let's see. But nothing until spring."
After spells with Atalanta and Napoli, Lippi took charge of Juventus in 1994 – guiding the Bianconeri to three Serie A titles and the club's last Champions League trophy in 1995-96.
Across two stints as Juve coach, sandwiched in between a one-year tenure with rivals Inter, Lippi won five Serie A trophies, four Supercoppa Italiana crowns, the Champions League, UEFA Super Cup, Intercontinental Cup and Coppa Italia.
After leaving Juventus in 2004, Lippi helped Italy to World Cup glory in 2006 and he was re-appointed by the Azzurri in 2008 following two years away from the national team.
In China, Lippi joined Guangzhou Evergrande in 2012 and claimed three Chinese Super League titles and the AFC Champions League trophy to go with Chinese FA Cup and Chinese FA Super Cup success.
High-profile additions to the playing staff are among a number of ambitious proposals Leven, who hopes to gain control of the club at elections planned for November, has put forward to turn around the fortunes of a club that has struggled to pay wages this year.
As part of the 'Somamos' project he also hopes to bring in US$400million in six years, redevelop the Sao Januario and raise the capacity to 55,000, increase the membership base to record-breaking levels and purchase clubs in Europe and China to expand the Vasco brand.
Leven claims to have been working with Italian businessman and sporting director Fabio Cordella as well as agent Mino Raiola, whose clients include Ibrahimovic and Balotelli.
"We are negotiating, trying to make the Vasco of our dreams," Leven said in an interview with FOXSports.com.br.
"Balotelli and Ibrahimovic have the same agent. Ibrahimovic would be a more daring project.
"But you don't have to think about which great player will be hired, but that we will bring in great players. If it's not one, it will be another."
Former Manchester City and Barcelona midfielder Yaya Toure was linked with a switch to Botafogo that did not come to fruition, but Leven suggested Vasco stand a chance of securing a deal for the former Ivory Coast international.
"In football there are no coincidences. If [Toure] didn't go to Botafogo, it was because someone stopped him. Maybe he's close to me," he said.
A move to return Jiangsu Suning forward Teixeira to Vasco reportedly hit a stumbling block, while Al Hilal's Giovinco is understood to be another target for the club.
Leven has also promised to bring Brazil international Souza back to the club.
"If we have players at the level of Balotelli, Yaya Toure, Giovinco, Alex Teixeira and Souza, we are a competitive team," added Leven.
But the Gunners are determined to re-emerge under manager Mikel Arteta.
With Pierre-Emerick Aubameyang set to leave, Arsenal are ready to spend.
TOP STORY – ARSENAL DETERMINED TO LAND VLAHOVIC
Arsenalare determined to land Dusan Vlahovicdespite the Serbian wanting £300,000 (€360,000) a week in wages, says the Daily Mail.
The Fiorentina forward is being chased by a host of clubs but the Gunners are ready to sign him despite a transfer bill around £150 million (€180m), with La Viola asking for a £58m (€70m) fee.
Juventus, Tottenham, Manchester City and Manchester United have all been linked with the 21-year-old.
ROUND-UP
- Manchester City could make a move for Real Madrid midfielder Luka Modric claims El Nacional. The Croatian is not happy with the terms offered by Madrid on a new deal with his current contract set to expire at the end of this season.
- Chelseadefender Antonio Rudiger prefers a move to Real Madrid over Paris Saint-Germainwhen his current contract expires according to Football London. Both clubs have offered deals to the Germany international.
- The Mirror reports that Edinson Cavani has committed to Manchester United for the remainder of the season after discussions with interim manager Ralf Rangnick.
- Barcelona have approached former Chelsea midfielder Oscar about joining the Catalans, claims TNT Sports Brasil. Oscar is currently contracted with Chinese club Shanghai Port.
- Tottenham are ready to sell record signing Tanguy Ndombele during the January transfer window, reports the Daily Mail. PSG, Milan, Roma, Lyon, Barcelona and Newcastle United are among the clubs interested in Ndombele according to the Star.
Former Real Betis star Fabian, who now plays for Napoli in Serie A, is a reported target for Barcelona and Real Madrid.
The Spanish rivals are trying to lure Fabian back to LaLiga.
TOP STORY – BARCA, MADRID DO BATTLE FOR FABIAN
Barcelona and Real Madrid are set to battle each other for the signing of Napoli star Fabian Ruiz, according to Gazzetta dello Sport.
Spanish midfielder Fabian has been linked with a return to LaLiga throughout the season, having left Real Betis for Napoli in 2018.
Despite the coronavirus pandemic, Napoli are expecting Barca and Madrid to go head-to-head for Fabian – who is contracted to the Serie A side until 2023.
ROUND-UP
- L'Equipe says Inter have made an offer for Arsenal forward Alexandre Lacazette. With Inter star Lautaro Martinezlinked to Barca, the Nerazzurri are eyeing alternatives, however, Lacazette is not interested in swapping London for Milan.
- There could be some big changes at Madrid in 2022. AS Diario says Los Blancos want Paris Saint-Germain's Kylian Mbappe and Borussia Dortmund sensation Erling Haaland to team up with Eden Hazard in a new strike force. The likes of Karim Benzema, Gareth Bale and Isco will be out of contract at the end of the 2021-22 season.
- Juventusare ready to negotiate a deal for Santos teenager Kaio Jorge, according to Calciomercato. Santos are demanding €30million for the 18-year-old, though Juve are only prepared to pay €15m.
- The Daily Mail claims Manchester City and Newcastle United have joined Real Madrid and Atletico Madrid in the race for 18-year-old Penarol winger Facundo Pellistri.
- Odion Ighalo is prepared to pass on a £75m contract with Shanghai Shenhua to stay at Manchester United, reports the Daily Star. Ighalo's loan deal is set to expire at Old Trafford.