COYG: Alexis Sanchez agree Arsenal deal

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According to The Mirror’s John Cross, Alexis Sanchez has told Arsenal he’ll put pen-to-paper on a new deal if he’s offered £400,000 a week.

The figure is £125,000 a week more than the Gunners have so far been willing to offer the Chile international who is now in the final year of his current £140,000 a week contract at the Emirates.

Bayern Munich, previously favourites to sign Sanchez, have been put off by the player’s demands leaving Manchester City as the only serious contenders for his signature.

Arsene Wenger has repeatedly said that he doesn’t want to sell to a Premier League rival, especially given his side fell outside the top four for the first time during his tenure last season.

A four-year contract at the figure Sanchez wants would see him earn over £19 million a year and set a precedent for contract negotiations with the club’s other first team stars. As has been well-documented, the likes of Mesut Ozil and Alex Oxlade-Chamberlain are also in negotiations about extending their respective deals.

It leaves Ivan Gazidis and Arsene Wenger with quite a headache. In simple terms, there are three options – spend around £75 million in wages to keep him for four years, keep him for a year and lose him on a free, sell him to a rival and pocket £50 million that could at least be reinvested. Hmm…

Alexis is currently on holiday after featuring for Chile in the Confederations Cup. He’s not expected back at London Colney until much later this month.

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