United are prepared to send the Wales U21 international away on-loan before the market shuts today.
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AS says Betis see Biancheri as an option should Cedric Bakambu choose to stay.
There are some complications to the potential deal: he is a non-EU player and there is no room for him in the first team, so registering him with the reserve team is being considered.
If Bakambu leaves today, they will try to finalise the arrival of a more experienced and influential striker who can provide an immediate impact on Manuel Pellegrini's system.
If the Congolese player stays, the options become more limited, with Biancheri to be considered for the B team initially.