Arsenal will refuse to accept offers for Alexis Sanchez from Premier League rivals Manchester City and Chelsea, and they will only consider selling him abroad, leaving Bayern Munich as the favourites to snap him up.
According to The Independent's Miguel Delaney, long-rumoured Sanchez suitors City are expected to bid £50 million for the Chilean—who has only a year left on his Arsenal contract—in the next week, but the Gunners "are resolute they will not sell to a rival."
Delaney added Arsenal's priority is still to persuade Sanchez to stay at the Emirates Stadium and sign a new deal, but they would at least consider selling him to Bayern should he want to depart.
German outlet Bild (via Metro) recently reported Bayern would make a bid of €40 million (£35 million) for Sanchez and explained Arsenal may be forced to accept a lower offer than City would be prepared to pay to avoid selling him to a rival.
Delaney revealed Sanchez's preference would be to remain in London, but Arsenal are similarly adamant they will not sell the 28-year-old to Chelsea, and Bayern have been linked with him for some time.
Concerns were initially raised over Sanchez's contract situation last summer when Arsenal failed to tie arguably their most important player to new terms despite long-term talks, per The Times' Matt Hughes.
The Gunners are now in a position of needing to sell him this summer or risk losing him for free at the end of the 2017-18 season.
There is little chance the Chile international will agree a new deal with Arsenal, especially after they failed to qualify for next season's UEFA Champions League.
Sanchez deserves to be playing at the highest level. He has been brilliant for Arsenal since joining them from Barcelona in 2014 for £35 million. In three seasons at the club, he has netted 53 goals and provided 22 assists in 103 Premier League appearances, per WhoScored.com.
Arsenal are right not to want to sell him to a domestic rival given how effective he could be at City or Chelsea. But Bayern now look to be in the driving seat to snap up Sanchez, as it seems unlikely the Gunners will be able to keep hold of him.