Photo – Alexis Sanchez agrees deal with Bayern Munich

Sanchez, 28, will be out of contract next summer and his long-term future with the Gunners remains up in the air.

Chelsea and Manchester City have both been credited with interest in the Chile superstar.

But, according to Calciomercato journalist Matteo Pedrosi, he is close to sealing a move to Bayern.

The German giants are said to have beaten Paris St-Germain in their pursuit of the forward.

However they apparently still need to agree a fee with Arsenal.

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Sanchez has starred for the north London outfit once again this season, scoring 26 goals across all competitions.

He arrived at the Emirates in a £36m move from Barcelona three years ago and has since made 142 appearances for the club, winning two FA Cups in the process.

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