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be waiting until the Confederations Cup is over before making an official approach for Sanchez – who has 72 goals and 37 assists in 145 Arsenal games.

The Gunners are desperate for Sanchez to stay and have offered him a new deal worth a staggering £275,000 a week.

But with Arsenal unable to provide Champions League football next term after missing out on the top-four for the first time in two decades, they are struggling to keep him.

Guardiola signed Sanchez from Udinese in his final season in charge of Barcelona, and the forward is said to be keen to be reunited with his old coach.

City can also offer him a wage of £300,000 a week which puts them in pole position to seal a deal.