​French high-spenders Paris Saint-Germain are looking into the possibility of signing Arsenal star Alexis Sanchez in January after reports emerged that Manchester City will not look to sign him.





Sanchez has long been linked with a move to Manchester City and almost joined the Etihad outfit in August before the move fell through at the last minute. The Chilean's contract with Arsenal is set to expire next summer and he is likely to leave the Gunners soon.





Arsenal News: Alexis Sanchez wanted by EVERTON as Toffees plot stunning transfer bid #AFC #EFC https://t.co/iftr7OeGlg — Express Sport (@DExpress_Sport) October 29, 2017





According to El Gol Digital, as reported by the ​Express, Manchester City will not make a bid for the 28-year-old in in the January transfer window, knowing that they could sign him for free next summer.





However, their decision to wait for Sanchez could prove costly, given Paris Saint-Germain's interest in the player. The report states that the Paris based outfit are ready to tempt Arsenal with a £26.5 million offer for the former Barcelona attacker.





City remain angry at Arsenal and will not pay a fee for Alexis Sanchez in January. They intend to sign him for free in 2018. [Sunday Mirror] pic.twitter.com/6643yCaD5N — City Watch (@City_Watch) October 28, 2017





Arsenal are likely to sanction a sale for their superstar in order to avoid letting him go for nothing next summer and thus, they could be inclined to accept PSG's offer. Another thing that could tilt the odds in PSG's favor is that Arsenal would prefer for Sanchez to join a foreign club instead of a domestic rival.





Sanchez has established himself as one of the best players in the world and has scored 74 goals for the Gunners since joining from Barcelona in 2014, helping them win two FA Cup titles. It remains to be seen how and when his playing future is sorted out.