Arsenal transfer news: Alexis Sanchez set to STAY in stunning twist - report

Manchester City have been trying all day to get a deal for Sanchez over the line.

Arsenal have even been preparing for his departure by attempting to land Monaco winger Thomas Lemar.

But the Guardian say a move from the Emirates to the Etihad is now OFF for Sanchez.

In a stunning turn of events, it is said that Arsenal will now retain the Chile international after talks over a move for Lemar broke down. 

Speaking on the Guardian's transfer blog, David Hynter said: "Alexis Sanchez is staying at Arsenal.

"That is the message from the club and it would now be a shock if there were to be any late turns to this infernal saga (it takes a toll, you know!).

"Manchester City came in earlier today with a second offer for the Chile striker – of £55m, plus £5m in add-ons – but it has come down to Arsenal being able to sign a new attacking player.

"Quite simply, they look to have run out of time on that front. They wanted Monaco’s Thomas Lemar and the French club demanded that they pay 100m euros for him. Which Arsenal indicated they were willing to do.

"But there appears to be insufficient time for Arsenal to now agree a package with Lemar, particularly as he is in the France squad for this evening’s game against Holland – which kicks off in about three hours.

"Were Arsenal able to get Lemar, they would have been inclined to take the £60m from City for Sanchez. But it is unlikely to happen now."

Express Sport understands Arsenal had agreed a fee with Monaco for Lemar.

But, given he will play for France against Holland tonight, it look as if a deal for the 21-year-old is now dead. 

And that means a stay for Sanchez, who was hellbent on leaving the Emirates.