The ex-Barcelona goalkeeper has only made two appearances since joining the Red Devils in January after recovering from knee surgery.
Valdes has had a strained relationship with United manager Louis van Gaal and was not given a squad number for the 2015-16 campaign.
When asked about Valdes' future, his agent Gines Carvajal said to Radio Marca: "He'll have a chance (to play) in January, wherever he goes.
"He needs to go to a place he feels is right for him."
Carvajal does not envision the 33-year-old Spaniard returning to his home country to play.
"He won't be coming to Spain, unless he decides otherwise," he said.
Valdes, a Euro 2012 winner with Spain, becomes a free agent next summer.
He is a reported target of Newcastle United, who are looking to strengthen their backline after losing their first-choice goalkeeper Tim Krul to a serious knee injury at the weekend.
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