Alexis Sanchez is no stranger to the transfer gossip columns as his future at Arsenal still seems unresolved.

The Chile international began negotiations with the Gunners over a new contract at the beginning of the 2016-17 campaign, but an agreement is yet to be reached.

In fact, it seems that the 28-year-old will not be putting pen to paper at all judging by Arsene Wenger's recent comments.

The Arsenal boss told reporters in a press conference earlier this week that Sanchez will enter the final year of his contract.

According to The Independent, the Frenchman has suggested that he is willing to "sacrifice" a big fee and allow the attacker to leave the Emirates for free when his deal expires next summer.

With regards to the betting market, Wenger is likely to keep his star player, but Unibet's odds have lengthened to 3/8 from 1/3.

If Sanchez were to leave, Manchester City are favourites to nab his signature, with Sky Bet offering odds of 7/2.

The Chilean has not featured for Arsenal yet this season due to injury, and he is expected to miss this weekend's clash against Stoke City.

If Wenger is willing to potentially allow Sanchez to leave on a free transfer, then the club could stand to miss out on a hefty chunk of cash.

A report earlier this week in The Telegraph claimed that Man City were preparing a £60m bid for the ex-Barcelona star.

That figure suggests that Arsenal are taking a big risk, because there is every chance that Sanchez will continue refusing the club's contract offers in order to wait for a move next summer.

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