The 28-year-old will sign a contract for the a total of 130 million euros - that means he will be earning 21 million per season - more than any other goalkeeper in the world.
Shaw and team-mates, Diogo Dalot, David De Gea and Mason Greenwood, were there to mark the launch of the official Manchester United Club Collection sunglasses by Maui Jim, the club's official vision partner, and happily showed off the stylish range.
The Spain worldwide will sign the new deal, which will see him earn £375,000 a week, when he returns to England as he is presently with the team on a preseason tour.
'It's awesome, so of course I'll be really, really happy to be captain.
"It's my ninth season, I feel like one of the most experienced players.
It is fantastic to be captain of a club like Manchester United and defend this badge so, of course, I'll be really, really happy to captain", De Gea is quoted as saying by the Daily Telegraph as United's pre-season tour of Australia and Asia continues.
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De Gea joined Manchester United from Atletico Madrid in 2011 and has gone on to win a Premier League title, an FA Cup, a League Cup and three Community Shields domestically, to go with a Europa League title in 2016/2017.
De Gea's form dipped during the business end of the 2018/19 campaign.
"We have to improve a lot". However, Manchester United has stuck to its £150 million valuation of him. Let us know what you think.
Is De Gea captain material?