It's going to be very interesting to see how this plays out. Reports are now suggesting that Sanchez wants £400K a week which could be a story being put out there by Arsenal to let the fans know that he is requesting too much money.
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It is possible but I think if his demands were 'reasonable' Arsenal would bend over backwards to keep him. I think we should risk loosing for free next season but go all out to win the league this season.