Arsenal star Alexis Sanchez scores brilliant free kick for Chile
Sanchez is keen to leave the Emirates this summer after they failed to qualify for the Champions League.
Sanchez cut a frustrated figure for much of the season and stalled on a new contract which has been on the table since the turn of the year.
Arsenal are said to have upped their offer towards £300,000 a week.
But Sanchez is still determined to quit the club and is wanted by Manchester City and Chelsea, who are both ready to pay around £45m for him.
But Arsenal will not accept bids from English clubs, according to the Daily Mail.
GETTY
Alexis Sanchez has been linked with Manchester City and Chelsea
GETTY
Alexis Sanchez is keen to quit Arsenal after a frustrating season
Sanchez, then, will be forced to look at offers from Bayern Munich, Juventus and PSG.
All three have been linked with a move but may struggle with the finances for a deal.
Bayern appear to be the leaders but they are unlikely to break their wage structure to accommodate the Chile star.
Sanchez is on international duty and admitted earlier in the week that his agent was taking care of his business.
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“I’m looking at what my agent is doing,” he said last week.
“For now, I’m focused on the [Confederations] Cup in Russia and trying to do well.
“The truth is that my agent will see to it. He knows and he will sit down with the club to look for the best option for me. I’d like a lot of things but I’m only thinking about the national team.”