Manchester City rejects Arsenal's price on Alexis Sanchez

"Manchester City seemed certainties to sign Sanchez but the revelation that they won't meet Arsenal's demands has sparked a huge turnaround in the odds".

"I said hello, he is a great player and he knows in my first season in Juventus we tried to buy him from Udinese and he made a decision to go to Barcelona", Conte said, ahead of his side's Premier League meeting with Leicester City.

Cantona was taken to United from Leeds in 1992 and played a key role in the success of the team under Sir Alex Ferguson before retiring in 1997, while Van Persie joined from Arsenal in 2012 and won a league title in his first season at the club. When it was put to him that Sanchez would only be sold if a suitable replacement had been found, Wenger said: "You sum it up very well".

The Guardian and Sky in Italy have revealed on Thursday that Manchester United have offered 20 million pounds and Henrikh Mkhitaryan to Arsenal, in order to get Sanchez at Old Trafford.

'And I have great respect for the plan of the others because everyone tries to kill you'.

On Friday, United boss Jose Mourinho was asked about his interest in Sanchez and while he remained predictably non-committal, he did hail the quality of the former Barcelona and Udinese player.

The Spaniard insisted his focus is on this weekend's game against Liverpool; he even advised the media to focus on football matters rather than transfer rumours.

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"So that slowly is killing the transfers, and you will have more and more players going to the end of their contract because of that. So you are in a situation where you can not extend the contract of your players". "I feel I shouldn't say much more than this".

Mourinho, in the meantime, will pressure the board into tabling an offer Sanchez can not refuse.

"We like out squad, we believe in our squad, it is just about improving our squad in a balanced way, so if we do something now, it has to be something we believe is the right thing to do for the team, and is something that will stop us to do in the summer". What we believe really is that there are some players in the football world, if you have a chance to sign them, it doesn't matter if it is January, March or July. This appears to be another example of the increasing reliance upon money instead of coaching the existing players at the club. "I don't know if it is ethical or correct". So it was a good chance to say hello to him.

"As a professional, you'd have to say that the balance of power is starting to come back to an even keel nearly and then going City's way".

United, however, will pay what it takes to land Sanchez and will see it as a major coup to beat their local rivals to one of the most coveted players in Europe.

Arsenal next play Bournemouth on Sunday in the league, while Manchester United host Stoke and City travel to face Liverpool.

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