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Arsenal would rather see Alexis Sanchez walk away for nothing than join Premier League rivals Chelsea or Manchester City, says Arsene Wenger

Arsene Wenger insists he would rather lose Alexis Sanchez for nothing than sell the Chilean to Chelsea or Manchester City.

The Arsenal manager is convinced his superstar attacker will sign a new deal with the Gunners despite the current stalemate over his future.

But Wenger is adamant selling his top-scorer to Arsenal's direct rivals is not an option this summer - even it means they run the risk of losing the South American on a free transfer next year when his contract expires.

Arsene Wenger insists he would rather lose Alexis Sanchez for nothing than sell the Chilean
Arsene Wenger insists he would rather lose Alexis Sanchez for nothing than sell the Chilean
The Arsenal boss is convinced his star will sign a new deal despite the current talks stalemate
The Arsenal boss is convinced his star will sign a new deal despite the current talks stalemate

It would be be quite a statement from Arsenal - who could recoup as much as £50million for Sanchez if they decided to sell this summer to avoid the prospect of watching the former Barcelona man walk away from the club at the end of next season.