Italian Serie A giants Inter Milan are reportedly closing in on a move to the club before the end of this transfer window.
It was revealed that the Nerazzurri are proposing a loan deal with the option to buy him after the loan transfer ends.
Inter Milan have concluded plans to offer a loan fee of £4.5m with the option to sign him permanently for £16.5m at the end of his loan spell with the San Siro giants.
Manchester United are said to be holding out for as much as £22m for Alexis Sanchez with manager Ole Gunnar Solskjaer keen to offload the Chilean international attacker.
Inter Milan won’t have much problems with Alexis Sanchez’s weekly wages with the player interested in a pay cut on his £500k per week salary at Manchester United.
Alexis Sanchez has been a flop at Manchester United since his transfer from Arsenal.
The 30-year-old came into English football in 2015 following his big money move from Spanish La Liga giants Barcelona to Arsenal.
He spent three-and-a-half years at Arsenal before joining Manchester United in a swap deal which saw Henrikh Mkhitaryan move in the other direction.
Alexis Sanchez is the highest earner at Arsenal at the moment.