The World Cup victor has entered the final 12 months of his current Arsenal deal to throw up the possibility of Ozil leaving the north London club on a free transfer next summer.
It's said City are expected to be told they'll need to pay in excess of £50 million in order to get their hands on Sanchez this winter, which could still be deemed too rich for a player who will move for nothing in six months.
Sanchez came close to joining City on deadline day, but Arsenal's failure to sign Thomas Lemar as his replacement ultimately ended the deal.
"Yes of course [they will stay beyond January]", said Wenger.
And despite a reluctance to strengthen the squad of their title rivals, Arsenal believe accepting a hefty transfer fee will benefit the club in the long run and are willing to accept City's bid. "Unless something unbelievable happens I don't see that changes".
Miguel Delaney of The Independent claims that sources within City feel that with the addition of Alexis, the Blues can push for a Premier League and Champions League double this season, explaining the urgency to bring in the 28-year-old.
Australia beat England by 120 runs in second Ashes test
That scenario relied heavily on England skipper Joe Root , on 67, posting a big score on day five at the Adelaide Oval. Before the Ashes action moves to Perth, let's have a look at the hits and misses from the second Test.
May to reconvene Brexit talks with European Union this week
But the issues of the rights of expatriate citizens and the UK-EU border on the island of Ireland remain fraught, diplomats say. Mrs May will be accompanied by the Brexit Secretary David Davis for the discussions with Mr Juncker and Mr Tusk.
Thunder's Westbrook lowers boom on Jazz
I think you all benefit from each other when you're out there on the floor and playing the right way". Adams, 24, is averaging 22.0 points and 8.3 rebounds over the Thunder's three-game winning streak.