German champions Bayern Munich have completely cooled their interest in signing Arsenal forward Alexis Sanchez, according to reports.
With Bayern out of race, there is only one club, Manchester City, that is interested in signing Sanchez which leaves Arsene Wenger and Arsenal in lot of trouble going ahead with their transfer plans.
The Chilean’s massive £350,000 a week wage demands have completely put Bayern off the transfer as they are currently looking for alternatives, according to Daily Mirror.
Earlier reports suggest that Bayern are currently looking at Atletico Madrid midfielder Yannick Carrasco, who is also an exciting prospect but the transfer looks complicated with the Spanish club serving transfer ban this summer.
Alexis is undoubtedly the best player for Arsenal and one of the best players in entire Premier League last season and the 28-year old has expressed his frustration of not winning titles with the club as he is tipped to make a move to their league rivals Manchester City.
The winger only has one year left on his contract with Arsenal and has drawn interest from numerous clubs across Europe which include the likes of Manchester City, Chelsea and Juventus apart from Bayern Munich over the past few weeks.
Chelsea have also become silent on their interest for Sanchez which makes City firm favorites in signing him. He might be on the move as early as this summer with Arsenal failing to convince him on a new deal yet.
The Gunners are ready to offer him a massive £275,000-a-week deal which will make him one of the best paid footballers in Premier League but the forward has so far been reluctant to sign a new deal that will extend his stary at Emirates.
Sanchez, would be a great addition to any side but his massive wages remains to be a problem for clubs outside England which could very well make Manchester City favorites to land the Chilean before next season. He is currently participating in FIFA Confederations Cup and have helped Chile reach the finals of the tournament after knocking Portugal out on penalties on Wednesday night at Kazan.