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Arsenal will have to break the bank with Sanchez to ward off Real Madrid

The Chile international has been linked with a return to Spain — and the Gunners will need to act quick to show how much they value their talismanic forward.

WATFORD, England — The 35 million pounds ($54 million) spent by Arsenal to sign Alexis Sanchez was the second highest transfer fee in the club’s history, but the Gunners could easily double their money if they decide to cash in on their star player.

The Real Madrid rumors have continued to grow over the last few weeks and the Spanish giant is known for its tendency to chase the flavor of the month.