Manchester City are prepared to risk missing out on Alexis Sanchez - possibly to Manchester United - rather than pay Arsenal's £35m asking price, reports BBC Sport.

It is also understood Sanchez's agent wants £5m for his part in the deal, taking the overall tally to £40m, double what City are willing to pay.

Sanchez's preference is to join City but, especially now Gabriel Jesus' knee injury is not as bad as initially feared, the club do not view such a huge outlay on a player who would be available for nothing in the summer, as being worthwhile.