PSG and Bayern Munich are in a straight shootout for wantaway Arsenal striker Alexis Sanchez.

Le Parisien says Bayern are now favourites to land the Chile international, though won't simply stand aside.

Arsenal will also have a say and having paid €38 million for Alexis three years ago, there's a confidence of making a profit in the region of €40-50 million.

Such a fee wouldn't scare off PSG, which are prepared to pay big to take Alexis to Paris.

However, in the player's thoughts, the French giants are currently third choice behind Bayern and Manchester City.