Man City willing to part with €60M to land Arsenal ace Alexis

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Manchester City are determined to beat rivals Manchester United, to the signing of Alexis Sanchez if he quits Arsenal this summer.

Sanchez is refusing to commit to Arsenal's offer of a new deal and City are now said to be in the box-seat, according to respected Chilean journalist Maks Cardenas.

Earlier this week, Chilean media reported Sanchez had already made a decision to move to City and was "very close" to agreeing a deal.

Sanchez's frustrations have been as clear as day in recent months and there's a sense that Monday's defeat to Crystal Palace was the last straw.

One significant stumbling block will be Arsenal's strong desire to sell their talisman overseas.

"So Arsenal are trying to keep Alexis Sanchez as we speak with a bumper new offer which is northwards of £250,000-per-week".

Arsenal do not want to allow their talisman to leave in the summer, but might have to for fear of him departing for nothing in 2018.

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However, Arsenal have now tabled a stunning offer in a bid to convince the 28-year-old to stick with them.

The Liverpool legend put the dip in performances down to contract talks between the players and the club.

It is also understood that Alexis would not be keen on a move back to Italy with Juventus, or to the Bundesliga with Bayern Munich.

And the Frenchman says little goal grabber prefers to play out wide as he gets more touches of the ball. But the Mail notes that he, rather understandably, doesn't actually want to go to the Chinese Super League.

A return to Spain with either Barcelona or Real Madrid seems distinctly unlikely.

Sanchez's future stays very much in doubt after nearly three seasons in the club, having several reports indicating the 28-year old is contemplating leaving the Gunners in search of a team which is consistently challenging for top honours.