Arsenal have reportedly been offered cash plus Raheem Sterling for Alexis Sanchez by Manchester City.
According to the Mirror, City have made the bid as they attempt to land the Chilean before the close of the transfer window on Thursday.
Arsenal have repeatedly insisted Sanchez is not for sale in this window, and the player himself is now away on international duty.
However, that does not appear to have put off Pep Guardiola’s side who have now made contact about a deal, with just days of the window remaining.
The offer is something of a surprise, with Sterling seen as an important member of City’s squad and having scored the winner against Bournemouth at the weekend, before being sent off for his celebrations.
Of course Guardiola has plenty of options in attack, after a couple of seasons of heavy spending, and if Sanchez were to arrive it would simply increase competition for places even further.
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If the report is correct, it appears City have decided that Sterling is the man who will be deemed surplus to requirements, although it is not known if he is keen on moving to Arsenal.
However, the report also claims Arsenal are unlikely to accept the offer and “may only be tempted by around £70m”.
A bid from City has been rumoured all summer long, and it looks like Arsenal’s resolve is about to be well and truly tested.