Manchester United have lodged a £25 million bid for Alexis Sanchez as they seek to pip arch-rivals Manchester City to the Arsenal forward, reports The Guardian.
Pep Guardiola is said to have a £20m offer on the table for a player who is set to be out of contract at the end of the season.
Jose Mourinho has now countered that approach, with Henrikh Mkhitaryan offered to Arsenal in an effort to help sweeten the deal.
Monaco head coach Leonardo Jardim has said that his club do not expect to sell attacker Thomas Lemar this January, but he confessed that if an astronomical offer came their way, they would be in no position to decline it.
Liverpool and Arsenal have both been linked to the France international in recent weeks, and while Jardim wants to keep the 22-year-old as long as possible, he is aware of the financial realities of the modern game.
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