"The amount of money is completely disconnected to reality and the truth".
The Gunners had enquired about including Sterling in a potential swap deal but Guardiola said he instantly dismissed the possibility of the England international when it was suggested.
Chile's bid to reach Russia concludes next month with the visit of Ecuador and a final trip to Brazil.
Troubled and rebellious winger, Alexis Sanchez has made his opinion known to all on an Instagram post after being blamed, criticised and blasted at from all sides after a defeat in the group stages in the qualifiers.
"You could see he knew he came late and the manager opted not to risk and put him on the bench". But the deal fell through and now Alexis is on the international duty.
In Europe they generally run from the start of June to the end of August, with a shorter mid-season window in January.
There were some Arsenal transfer rumours this summer that suggested some Gunners were already unhappy with the attitude of Sanchez, so will he take this good advice and prove that he is fully committed, for now, to the Arsenal cause.
Michael Regan GettyImages
"This can bring you problems later, the statements of wanting to leave".
Chile sit sixth in South American qualifying for the tournament in Russia with two rounds left and only the top four qualifying automatically.
Ferdinand, who played for Manchester United from 2002 to 2014, says all these players can still be welcomed back by their teammates, but it depends on their professionalism.
Sanchez is in the last year of his Arsenal contract and will be able to move to a club of his choosing for free next summer.
'Does he come in and act professionally at the training ground? It's just: "'Can you afford to buy or not?'"
However, the Manchester City manager insisted that he outright rejected the offer of Sterling moving to Arsenal as he didn't want to lose such an exciting young English talent.