The cash from the winning bidder goes to KidsAid, a charity dedicated to helping children who have suffered ‘traumatic events’ - from illnesses to family breakdown - in their lives.
Rooney said on his design: 'I am delighted to be involved in this unique fund raising project.
Under the hammer: The money raised from the auction will go to the KidsAid charity
'When first approached about the possibility of being involved in the design of a unique Wayne Rooney Lauge Jensen World famous custom bike I was really excited to have the opportunity to be involved.
'The fact that the funds raised will go to kids in Denmark is a great way for me on behalf of all the players at Manchester United to say thank you for the support we receive from the Danish people.
'The bike we have designed takes its inspiration from the celebration of my overhead kick against Manchester City.
'The goal has been described by others as being of the highest quality, technical excellence, powerful and beautiful. I hope you will agree that the bike is all of this and more.'
Soren Bach, a spokesman for KidsAid said: 'We are obviously both extremely proud and pleased with Wayne Rooney having agreed to support our work in KidsAid.
'With his support and with the many fans that he has throughout the world, we hope that the auction will help to raise a significant amount of money for the cause. At the same time, the co-operation will help to bring focus on the children and kids who suffer from illness'.