Pogba will depart Old Trafford on a free transfer for the second time after joining Juventus in 2012.
A club statement read: "The club can announce that Paul Pogba will leave Manchester United at the end of June, upon the expiry of his contract.
"The Frenchman has enjoyed a long association with United, having joined the club's Academy from Le Havre at the age of just 16.
"Everyone at the club would like to congratulate Paul on his successful career, and thank him for his contributions to Manchester United. We wish him all the best for the next steps on a remarkable journey."
Pogba released a statement on his social media accounts which read: "I feel privileged to have played for this club.
"Many beautiful moments and memories but most importantly an unconditional support from the fans. Thank you Manchester United."
Pogba returned to the club in 2016 for a then-world-record fee of £89.3 million from Juventus and won three trophies in his debut campaign.
However, he has failed to find consistency throughout his return to United and faced criticism during his final season.
Meanwhile, sources have told ESPN that Lingard could return to West Ham United after he impressed during his loan spell in the 2020-21 campaign.
The England international leaves United after winning three major trophies which included in the winning goal in the 2016 FA Cup final.