Alexis Sanchez has been offered an Arsenal exit by Atletico Madrid, according to The Sun on Sunday.

The Spanish giants are prepared to pay the Chile international around £220,000-a-week to lure him to the Vicente Calderon, substantially more than the £160,000-a-week offer reportedly on the table at the Emirates.

Resigned to losing Antoine Griezmann to Manchester United, The Sun claim Atleti see Sanchez as an ideal replacement for the France international.