Alexis Sanchez has agreed a four-year contract with Paris Saint-Germain, according to reports in France.
And Le Parisien reports that both parties have agreed on a contract which will run until 2021, and is believed to be worth in the region of £275,000 a week.
The report also claims that PSG are confident of reaching an agreement with Arsenal and will be able to convince Arsene Wenger with an offer of €40 million (£36m).
When asked about Sanchez’s potential move to PSG after Arsenal’s 3-0 defeat to Chelsea in Beijing on Saturday, Wenger replied: ‘It’s only media imagination.’
And when asked if he would allow Sanchez to leave for a team outside of the Premier League, Wenger said: ‘No, it doesn’t make any difference.’
Alexis Sanchez's Premier League season Games played38Goals scored24Assists10
Sanchez has refused to extend his current deal with Arsenal, which has only one year remaining, and has revealed that he wants to play for a team in the Champions League.
Manchester City have also made the signing of the Chile international one of their top priorities.
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And it’s claimed that joining up with Pep Guardiola at City would be his preferred destination.
Sanchez has not played any part of Arsenal’s tour of Australia and China as he is on holiday after featuring for Chile in the Confederations Cup earlier this summer.