Manchester City are reportedly the front-runners in signing Alexis Sanchez as Bayern Munich have backed out due to the escalating price tag.

According to a report by The Mirror, Bayern Munich are no longer targeting Alexis Sanchez due to an increasing price tag, which means Manchester City are now in a pole position to sign the Chilean. Arsenal are demanding £50 million or more, even though Sanchez would be a free agent in a year, once his current deal expires next summer.

The 28-year-old has also been looking for weekly wages in excess of £350,000 and unless he lowers his demand, the German club are believed to be uninterested. This paves an easier way for City to land Sanchez since he can remain in the Premier League and also get to play in the coveted Champions League next season.

Manchester City boss Pep Guardiola has been keen on signing Sanchez for a while now and this could be his big chance. Guardiola needs to improve City up front since they were rather wasteful in front of goal last season and failed to convert several chances into goals, which also cost them some victories.

Road to Manchester City clearer than ever? (Photo courtesy - Clive Mason/Getty Images)
Road to Manchester City clearer than ever? (Photo courtesy – Clive Mason/Getty Images)

Sanchez is known for his ability to score even in the most complex situations and he managed to record 24 Premier League goals last season. He has been an instrumental figure for the Gunners ever since he joined them back in 2014.

However, his fine performances have failed to do much for Arsenal as the club failed to qualify to the Champions League for the first time in 21 years. Sanchez has been quite vocal about his desire to play in the European elite tournament and is keen on leaving for the same, despite Arsenal’s FA Cup triumph.

If Guardiola manages to secure a deal for the Chilean superstar, Sanchez can add a fiery quality to City’s strike force even though it could bring a significant reduction in Sergio Aguero’s playing time.

Guardiola preferred starting with Gabriel Jesus over Sergio Aguero several times last term and with Sanchez also in the fray, Aguero is likely to be pushed further below the pecking order at City which could possibly signal that perhaps it is time for the Argentine to seek greener pastures.

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