Arsenal have set their price for Alexis Sanchez.
The London Evening Standard says Gunners chiefs plan to cash in if they fail to agree a new deal with Sanchez.
And they believe there will be a bidding war for Sanchez, driving his fee up.
A host of clubs are interested in landing Sanchez including Chelsea, Manchester City, Manchester United, Bayern Munich, Juventus and Paris St-Germain.
And Arsenal will slap a £50m asking price on the striker.