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Manchester City preparing new offer for Alexis Sanchez after failing with £45million bid, claims Arsenal star's agent

Alexis Sanchez's agent claims Manchester City are set to make a new move for the Arsenal star this summer after failing with an initial €50million [£45m] bid.

The 28-year-old's future has been the subject of intense speculation all summer, with the Chilean refusing to sign a new deal with the Gunners.

Wenger has insisted that he is prepared to take a financial hit and lose Sanchez for free next summer, rather than allow him to go in the final two weeks of this window.

But City have refused to end their interest and are set to make a renewed attempt to land the player, according to his representative, Fernando Felicevich.