Manchester City had been in contact with the Chilean for a longer time, with some reports even suggesting that personal terms had been agreed on between both parties.
But we want to keep Jack, and we have an opportunity maybe to keep Ozil.
The Premier League leaders value Sanchez at £20 million because the 29-year-old has just six months remaining on his Arsenal contract, and sources have told ESPN FC that City will not meet Arsenal's £35m asking price or agent fees, which amount to £5m.
"No, because if Manchester City want Sanchez, they buy Sanchez", said the Italian.
"I don't know [where Sanchez will go]".
Arsenal's Alexis Sanchez and Mesut Ozil situation is ridiculous, says Jamie Redknapp
It is understood Arsenal are demanding £35m for the Chile global, while agents are likely to receive another £5m on top, totalling a £40m deal before the player's potential wages are taken into account.
"And I can also understand why, supposedly, Man City would put two fingers up at Arsenal for not selling him back in the summer when they wanted and now playing hard ball". On the same day as the United interest was revealed, Sanchez' agent was discovered to be following United on social media and many fans got ahead of themselves.
The English Premier League leaders feel the overall price for signing the Chile forward, transfer fee, agent costs and wage demands, is now too high. Pep Guardiola has even confirmed Gabriel Jesus is not too far off a return and has spoken openly about maintaining "squad harmony".
Sky Sports reporter Gary Cotterill found the chance too tempting and chose to ask Wenger "If you were a player, would rather play for Guardiola or Mourinho?" "And I have great respect for the plan of the others because everyone tries to kill you".
Watch Iain Lee talk about what really went down on I'm A Celebrity, the ups and downs of his career, and his challenges with mental health only on Unfiltered with James O'Brien. "The game. Of course I answer your questions". As a manager you have a lot of words to deal with and you have to choose which ones you want to be focused on.