Arsenal have tabled a massive new contract offer to Alexis Sanchez.

The Daily Mail says they have offered him a bumper new contract worth around £270,000-a-week.

That's still short of the £300,000 Sanchez is apparently demanding.

However the contract is said to include a number of incentives which could see the former Barcelona man increase his earnings.

Sanchez will reportedly hold further talks with the Gunners after tomorrow's FA Cup final against Chelsea.