Arsenal will offer star forward Alexis Sanchez a brand new club record breaking deal to extend his stay at the Emirates. Sanchez has so far insisted that his long term future remains with the Gunners.

Arsenal are to offer a brand new five year deal worth a reported 220,000 GBP a week to convince the Chilean international to stay out. Both Chelsea and Man City are rumoured to be interested in the forward and will monitor Sanchez's contractual situation closely over the upcoming weeks. It is understood that Mesut Ozil has already reached an agreement with the Gunners that will be announced next week.