The Arsenal talisman has been heavily linked with an Emirates exit this summer.

Sanchez, 28, is demanding a bumper pay rise to stay in north London under Arsene Wenger.

City, Paris St-Germain and Bayern Munich are all chasing the Chile international this summer.

And according to the Daily Mail, Pep Guardiola is ready to offer Sanchez £320,000-a-week to join City.

They say the former Barcelona boss is willing to make Sanchez City's top earner.

The attacker's wages would also be topped up by performance-related bonuses and image rights, which could take his earnings to a staggering £400,000-a-week.

Sanchez is due back at Arsenal training tomorrow.

However, the winger caused a storm on social media after claiming he was 'sick'.

Sanchez netted 30 goals for the Gunners last term, with Arsenal just missing out on Champions League football.