The Arsenal forward is approaching the final 12 months of his contract and has so far refused all offers from the club to extend his deal.
Arsenal have reportedly pulled a huge coup in the transfer market by convincing star player Alexis Sanchez to agree on a new deal.
I'm looking at what my agent is doing.
The Gunners have as yet been unable to persuade the 28-year-old Chile global - who scored 30 goals for the club in the 2016/17 season - to sign a new contract beyond his current deal which expires in a year.
The Daily Star is reporting that Pep Guardiola is prepared to offer Sanchez £275,000 a week, which would make the Chile worldwide their highest earner at the Etihad Stadium. In Barcelona maybe I didn't help him too much because he played wide.
Sanchez has enjoyed his global career as well, winning back-to-back Copa America with Chile.
Sanchez has established himself as one of the stars of the Premier League since joining Arsenal in the summer of 2014 and was unfortunate not to be named in the PFA Team of the Year last season.
It is no surprise then that Arsenal and manager Arsene Wenger would clearly be loath to see him join a domestic rival and are potentially considering accepting less money to avoid such a scenario. He was one of the heroes of winning the FA Cup against Chelsea.