After a summer of speculation, it seems Alexis Sanchez may be on his way to Manchester City. The information is that Manchester City have bid £60m which differs from the reported figure suggested.

Wenger: Tottenham deserved the victory

Tottenham Hotspur claimed a 2-0 victory over Arsenal in the North London derby on Sunday and it has to be said that the Gunners were comprehensively outplayed during the encounter.

Manager Arsene Wenger gave an honest assessment following the game by stating that Tottenham deserved to win but dismissed claims that there has been a power shift in North London just because Spurs will finish above Arsenal in the Premier League table for the first time in over two decades.

Fierce rivals Tottenham Hotspur and Arsenal will be battling out against each other on Sunday and the match is of major significance as it will be the last ever North London derby to be held at the famous White Hart Lane Stadium.

Apart from the historic importance of the match, both teams will be desperate to claim the three points from the encounter to aid their respective aims for the campaign.

Tottenham will be hopeful of narrowing the gap on Chelsea for the Premier League title while Arsenal will be keen on boosting their top four aspirations.

Arsenal readying a whopping contract offer for Alex Oxlade-Chamberlain

While the headlines have been dominated by the contractual situations of Alexis Sanchez and Mesut Ozil, there are a host of other Arsenal players whose future at the Emirates Stadium is uncertain at the moment.

Attacker Alex Oxlade-Chamberlain is one of the players who will be entering the final year of his contract at Arsenal next summer and there have been talks that the England international could leave North London, with the likes of Liverpool and Manchester City said to be interested.

Arsenal are desperate to keep hold of Oxlade-Chamberlain though and according to reports from the Daily Mail, claims have been made that the Gunners have begun talks over a new lucrative £100,000-per-week five year deal for the 23-year-old in order to keep him put at the Emirates.

Arsenal’s summer transfer plans revealed

Following weeks of uncertainty, there might just be a bit of clarity regarding Arsenal’s plans for the upcoming summer transfer window – if reports from the Daily Mirror are to be believed.

Mirror writer John Cross has revealed under pressure manager Arsene Wenger is expected to extend his stay at the Emirates Stadium by signing a new two year deal and that the veteran has already laid out his plans for next summer.

Claims have been made that Schalke defender Sead Kolasinac is close to signing a four year deal with Arsenal, while Kieran Gibbs has also been offered a new deal. Nacho Monreal is expected to leave but if Gibbs decides to do the same, Arsenal will look to sign either Celtic’s Kieran Tierney or Fulham’s Ryan Sessegnon.

In a separate report, the Daily Mail have stated that Kolasinac has already been told Wenger will stay put at Arsenal next season and the Gunners are confident of beating AC Milan to the signing of the 23-year-old full-back.

Arsenal are also said to have begun talks with Alex Oxlade-Chamberlain and Jack Wilshere, both of whom are entering the final years of their respective contracts. There looks set to be an overhaul of the backroom staff as well, with goalkeeper coach Gerry Peyton and fitness coach Tony Colbert to be departing.

The futures of Alexis Sanchez and Mesut Ozil remain in doubt though and if the duo do not sign, Wenger is said to have earmarked Lyon superstar Alexandre Lacazette as a potential replacement.