Despite setting their asking price at £25m, Man Utd are now ready to accept £15-16m for the defender.
The Spaniard revealed back in March that he would be leaving Chelsea in the summer.
Liverpool are set to lose one defender for a fraction of the amount they paid for him in July 2014.
"He's an extraordinary guy, very intelligent... He's fast, nearly unbeatable in one-on-ones."
Smalling could make a return to the England squad after impressing Southgate.
Smalling is on a season-long loan at Roma from United.
"I didn’t hesitate because I knew I would be more appreciated by Roma than by Arsenal at the time."
Reports have recently linked the centre-back with a permanent move from Manchester United to Roma
Smalling’s desire will be ‘fundamental in negotiations’ with Manchester United for a permanent deal.
AC Milan and Inter Milan have reportedly made attempts to hijack Roma's permanent move for Chris Smalling.
Man Utd and Roma have reached a 'gentlemn's agreement' for the permanent signing of Chris Smalling.
Chris Smalling's agent has reportedly arrived in Italy to discuss the possibility of a permanent transfer to Roma.
The Arsenal loanee was apparently so keen to join Roma that he was willing to take a financial hit...
Spurs had Nicolo Zaniolo in mind before the opted to sign Lo Celso, according to the Italian's agent.
Chris Smalling can see himself staying in Italy after his loan deal with Roma expires.
Henrikh Mkhitaryan will join his former Manchester United teammate Chris Smalling at the Italian club.
Arsenal's Henrikh Mkhitaryan is reportedly set to complete a season-long loan move to Roma.
Manchester United defender Chris Smalling is reportedly on the verge of leaving Old Trafford on loan.
Liverpool have reportedly decided to call off talks with Serie A side Roma over a potential deal.
Dejan Lovren's potential move from Liverpool to Roma is set to fall through, according to a report.
AC Milan are also said to be sniffing but Roma are closing in on an agreement...
Liverpool have reportedly named their price for back-up defender Dejan Lovren with Roma and Milan linked.
Tottenham defender Toby Alderweireld is likely to remain at the club as the deadline looms.
Tottenham are reportedly considering Alessandro Florenzi as a potential replacement for Kieran Trippier.
Roma are reportedly considering offering a player in exchange for Tottenham's Toby Alderweireld.
"This is far worse than retiring as a player." Francesco Totti has hit out at the Roma hierarchy...
Are there any Man Utd fans available to give Fred a lift to Rome?
Antonio Conte wants to replace Ole Gunnar Solskjaer as manager of Man Utd, according to reports.
Roma have announced that their sporting director Monchi has left the club via mutual agreement.
Roma head coach Eusebio Di Francesco has left the club - Claudio Ranieri could get the interim gig.
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