Manchester City remain keen on landing the Gunners star and are said to be preparing a fresh £50million offer for the forward in January, despite Arsene Wenger's insistence that neither Sanchez or fellow contract rebel Mesut Ozil will be sold in the New Year.
The World Cup victor has entered the final 12 months of his current Arsenal deal to throw up the possibility of Ozil leaving the north London club on a free transfer next summer.
Once again, a possible £50 million-plus Sanchez transfer to the Etihad is destined to be a right royal tug-of war.
Pep Guardiola was keen on bringing Sanchez to the Etihad last summer, and the two clubs nearly completed a transfer on deadline day. However, the rumours of a new deal has buoyed Arsenal fans.
Emmanuel Petit is praising the current form of the forwards, whilst asking the question as to the reasoning for the recent performances. They remain unbeaten 15 games into the Premier League season and are eight points clear at the top of the table, they've also made it to the last-16 of the Champions League, are still involved in the Carabao Cup and play Burnley in the third-round of the FA Cup next month.
But if Pep Guardiola believes Sanchez can add the depth and quality to add multiple trophies to City's cabinet this season, he may feel like it is money well spent.
That being said, City are thought to still have summer funds left over from their failed approach for Sanchez several months ago, when Thomas Lemar was rumoured to be joining Arsenal in turn, per Delaney's report.
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