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Arsenal will lose £34m in six months if Arsene Wenger makes embarrassing U-turn

Arsene Wenger could land himself in hot water with Arsenal supporters and the backroom staff after Don Balon report that the Gunners could take a £34m hit in January.

Real Madrid are believed to keen on Alexis Sanchez, prioritising the Chilean international over Inter Milan’s Mauro Icardi, who would be significantly more expensive than the Arsenal forward out of contract next summer.

The La Liga giants are hoping to sign Alexis for £26m in January, £34m less than Arsenal rejected from Manchester City last summer. And with the Londoners fifth in the Premier League table after 16 games, keeping the ex-Barcelona man hasn’t proved to be a good decision.