Arsenal transfer news: Gunners accept £60m offer from Man City for Alexis Sanchez - report

Arsenal have always insisted Sanchez is not for sale despite interest from Manchester City and Paris Saint-Germain.

City failed with a bid of £50million two days ago, with the Gunners countering by enquiring about the availability of Sergio Aguero.

Pep Guardiola's side then told Arsenal the Argentine was not for sale and, up until this morning, had not made another bid for Sanchez.

But the Mirror say a £60m offer has now been ACCEPTED and Sanchez will become the latest Arsenal player to swap the Emirates for the Etihad.

The Gunners will supposedly receive £55m up-front with the extra £5m coming via add-ons.

And it comes with Arsenal attempting to land a replacement.

Arsene Wenger's side have been linked with a move for Paris Saint-Germain winger Julian Draxler.

The Germany international looks set to leave the Parc des Princes with rivals Liverpool also tipped to make a move for him.

However, Express Sport understands there is pressure on Leicester star Riyad Mahrez to join Wenger's side.

But the Algeria international is likelier to end the day at Stamford Bridge as a Chelsea player.

Arsenal have made a huge £90million bid for Monaco's Thomas Lemar and want the 21-year-old to be Sanchez's replacement. 

Liverpool were initially in for him, as well as Draxler.

But it now appears a move to north London is in the offing.