Wenger admits Arsenal "rebuild" is coming

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"I maintain what I said".

"In relation to Alexis Sanchez, I don't say a word".

But Wenger hasn't given up hope of Ozil extending his stay with the club.

The report also suggests Mourinho was unwilling to enter the race to sign Sanchez in the previous transfer window in an attempt to avoid becoming embroiled in a summer-long battle for the Chilean's services.

When asked if Ozil could remain at Arsenal, Wenger said, "Yes".

But stories broke ahead of Mourinho's Friday media briefing that City were unwilling to meet Arsenal's £35m asking price for Sanchez, opening up the prospect of a lucrative switch to Old Trafford for the Chile global.

Frustrated by the constant questioning recently Wenger finally admitted the former Barcelona star will be leaving the Emirates this month.

French side Paris St-Germain have also been linked with Chile forward but Sanchez's preference is to join Manchester City.

What we believe is there are some players in the football world where, if you have a chance to sign them, whether it is in January, March or July, then you have to try. You reduce the number of players or increase the wages trying to fight with massive clubs as the difference in wages between the big, big clubs financially, I speak, and us has become big. The 29-year-old has been in good form of late and wants reassurances over the future of the club. "He's a very good player".

"If Manchester City want Alexis Sanchez, they buy Alexis Sanchez and they don't have problem". They won't offer Arsenal more than £20m and know at the end of the season they can offload other players like Sergio Aguero, Yaya Toure and Eliaquim Managala to give Sanchez the deal he wants.

The Premier League leaders have always been linked with signing the Chilean forward, and had a reported £60m offer for him accepted by Arsenal on deadline day last summer. The recent 2-1 victory in the first leg of the English Football League Cup semifinal against Bristol City nearly sealed the final spot for the club in the tournament and football pundits believe City could be on its way to clinch four trophies this season, including the coveted UEFA Champions League.

Obviously, if Sanchez leaves in the summer, Arsenal will receive nothing in return, so it's certainly in their best interest to sell him now.

"There is still an opportunity for (Mesut Ozil) to stay", said Wenger at his weekly news conference.

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