The Sun reports that Monaco are ready to make a shock £45 million offer for Arsenal's Alexis Sanchez.

With just one year remaining on his deal at the Emirates, the Chile international has been linked with Bayern Munich, Paris Saint-Germain and Manchester City.

But he could instead move to Monaco, who are ready to tempt him by offering £300,000-per-week wages after tax.

After selling Bernardo Silva, Tiemoue Bakayoko and Benjamin Mendy, Monaco appear ready to hit back with a mega-purchase of their own, with £150m having been raised from sales.