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Transfer news: Manchester City are confident of signing Alexis Sanchez from Arsenal

According to The Guardian, City will secure the services of the 28-year-old for around a fee of £50m.

Arsenal manager Arsene Wenger has been adamant throughout the off-season that Sanchez is not for sale.

However, Sanchez is in the last 12 months of his contract with the Gunners and if he does not sign a new contract, the Londoners could lose the forward on a free transfer.

Sanchez has already refused to sign a new contract which has alerted both Paris Saint-Germain and City.

Sanchez is currently on international duty with Chile at the Confederations Cup, with the nation through to the final of the competition after claiming victory in a penalty shootout against Portugal last night.

Chile will either face Germany or Mexico in the final on Sunday.

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