Arsenal are reportedly willing to sell Alexis Sanchez to Manchester City, but have told Pep Guardiola’s side the Chilean will cost £80 million.
According to the Mirror, the Gunners have offered Sanchez a new two-year deal worth £300,000-per-week, but have been told he will not sign an extension and intends to leave.
City are planning a £50m bid, which looks doomed to fail, with Arsenal having decided the only way he will leave, is if City match their huge valuation.
And if the club’s valuation is not met, Arsenal are happy for him to continue and then leave on a free next year, as they remain adamant they will not sell him to a Premier League rival.
The Gunners are in a difficult situation at the moment, as while understandably they do not want to sell to City, if Sanchez refuses to sign an extension he could simply wait until next summer before joining the club for free.
At the moment, it seems as though City are the only realistic contenders for his signature, as while Inter have been credited with an interest, it’s unlikely Sanchez would be interested in a move to San Siro at present.
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Bayern Munich also appear to have dropped out of the race, due to the player’s age and wage demands, leaving it looking like a straight choice between remaining at Arsenal or moving to City.
While City have money to spend, whether they would be willing to match Arsenal’s £80m valuation looks highly unlikely, particularly for a player about to enter the final year of his contract.
Expect more on this in the coming days and weeks, because whether we like it or not, this is one transfer saga that is going to hog the headlines for some time to come.