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Transfer rumours and paper review - Friday, September 22: Man City fear PSG will snatch Sanchez, Arsenal and Man United eyeing Schalke sensation?

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Here are the top transfer-related stories in Friday's newspapers...

Manchester City fear PSG are now favourites to sign Arsenal star Alexis Sanchez. The Chilean ace wants to leave the Emirates and is free to speak to European clubs in January as he is out-of-contract next summer. It is understood PSG will offload Edinson Cavani, who recently had a bust-up with Neymar over a free-kick to make way for Sanchez.