Mesut Ozil and Alexis Sanchez will hold contract talks with the club at the end of the season with Arsenal confident both players plan to commit their futures to the Gunners.

One report today suggested talks with Ozil’s representatives had broken down but Standard Sport understands only initial negotiations had taken place and both parties plan to hold more detailed discussions once the campaign is over.

Both Ozil and Sanchez are waiting to see whether the club’s qualifies for next season’s Champions League and are seeking an indication from manager Arsene Wenger as to his summer transfer plans.

The Gunners are in negotiations to sign Granit Xhaka from Borussia Monchengladbach but remain some way apart on their respective valuations of the player.

The Germam club are believed to have indicated they are willing to accept less than the original £35million valuation but still expect close to £30m. However, Arsenal are still believed to be hovering just above the £20m mark.

The Gunners are just four points above fifth-placed Manchester United, who play Crystal Palace at home 24 hours before Wenger’s side host West Brom at Emirates Stadium.

But Cesc Fabregas believes his former club will finish in the top four and even claimed they had a chance of winning the title before Sunday’s 1-1 draw against Palace.

Transfer gossip - 19/04/2016 5 show all Transfer gossip - 19/04/2016 1/5 Antoine Griezmann

The publication claims that the Blues will offer Griezmann a big-money deal to move to Stamford Bridge despite the club not being able to offer the Frenchman Champions League football. Chelsea will not give up on trying to sign Atletico Madrid star Antoine Griezmann this summer, according to The Mirror The publication claims that the Blues will offer Griezmann a big-money deal to move to Stamford Bridge despite the club not being able to offer the Frenchman Champions League football. 2/5 Jose Mourinho

It is claimed that the former Chelsea manager has already begun to plan for next season, with United happy to secure the signings the Portuguese coach wants to help the club challenge for trophies. Manchester United are reportedly ready to sign Zlatan Ibrahimovic, John Stones and Benfica's Renato Sanches should Jose Mourinho join the club, according to The Sun It is claimed that the former Chelsea manager has already begun to plan for next season, with United happy to secure the signings the Portuguese coach wants to help the club challenge for trophies. Adam Davy / PA Wire/Press Association Images 3/5 Alexis Sanchez Bayern Munich forward Arturo Vidal has admitted he hopes Alexis Sanchez leaves Arsenal to join him in Germany, saying it would be "nice" to play with his Chile teammate at club level, according to Metro David Price/Arsenal FC via Getty Images 4/5 Fraser Forster

Chelsea are keen on keeping first-choice shot-stopper Courtois at the club, but will consider Forster as a replacement with club scouts having kept a close eye on the Saints man. Chelsea will make a move for Southampton goalkeeper Fraser Forster this summer should Thibaut Courtois state his desire to leave the Blues, The Mirror have claimed.Chelsea are keen on keeping first-choice shot-stopper Courtois at the club, but will consider Forster as a replacement with club scouts having kept a close eye on the Saints man. BEN STANSALL/AFP/Getty Images 5/5 Michy Batshuayi

The publication says that Jurgen Klopp wants to add to his attacking options this summer, with Christian Benteke likely to make way for the Marseille star. Liverpool have joined Tottenham, West Ham and Juventus in the hunt for Marseille striker Michy Batshuayi, according to The Mirror The publication says that Jurgen Klopp wants to add to his attacking options this summer, with Christian Benteke likely to make way for the Marseille star. 1/5 Antoine Griezmann

The publication claims that the Blues will offer Griezmann a big-money deal to move to Stamford Bridge despite the club not being able to offer the Frenchman Champions League football. Chelsea will not give up on trying to sign Atletico Madrid star Antoine Griezmann this summer, according to The Mirror The publication claims that the Blues will offer Griezmann a big-money deal to move to Stamford Bridge despite the club not being able to offer the Frenchman Champions League football. 2/5 Jose Mourinho

It is claimed that the former Chelsea manager has already begun to plan for next season, with United happy to secure the signings the Portuguese coach wants to help the club challenge for trophies. Manchester United are reportedly ready to sign Zlatan Ibrahimovic, John Stones and Benfica's Renato Sanches should Jose Mourinho join the club, according to The Sun It is claimed that the former Chelsea manager has already begun to plan for next season, with United happy to secure the signings the Portuguese coach wants to help the club challenge for trophies. Adam Davy / PA Wire/Press Association Images 3/5 Alexis Sanchez Bayern Munich forward Arturo Vidal has admitted he hopes Alexis Sanchez leaves Arsenal to join him in Germany, saying it would be "nice" to play with his Chile teammate at club level, according to Metro David Price/Arsenal FC via Getty Images 4/5 Fraser Forster

Chelsea are keen on keeping first-choice shot-stopper Courtois at the club, but will consider Forster as a replacement with club scouts having kept a close eye on the Saints man. Chelsea will make a move for Southampton goalkeeper Fraser Forster this summer should Thibaut Courtois state his desire to leave the Blues, The Mirror have claimed.Chelsea are keen on keeping first-choice shot-stopper Courtois at the club, but will consider Forster as a replacement with club scouts having kept a close eye on the Saints man. BEN STANSALL/AFP/Getty Images 5/5 Michy Batshuayi

The publication says that Jurgen Klopp wants to add to his attacking options this summer, with Christian Benteke likely to make way for the Marseille star. Liverpool have joined Tottenham, West Ham and Juventus in the hunt for Marseille striker Michy Batshuayi, according to The Mirror The publication says that Jurgen Klopp wants to add to his attacking options this summer, with Christian Benteke likely to make way for the Marseille star.

“To be honest, up until the 81st minute when Crystal Palace scored, I still thought they were in the title race,” he said. “But obviously now it is over.

“Arsenal normally always end up playing well and finish their seasons very, very strong physically so I have no doubt they will be there [in the top four] if they play well.”