City's interest in Sanchez is nothing new, with Pep Guardiola's side having seen a Deadline Day move for the player collapse when Arsenal were unable to find a replacement.
According to the aforementioned source, Sanchez will complete a move to City when the transfer window re-opens in January, with City now just needing to come to an agreement with the 'Gunners' over a fee.
There had been significant interest in Sanchez, with the likes of Real Madrid and PSG also linked with a move for the player, though it is thought that the 29-year-old was keen on staying in the Premier League and it appears that a reunion with Pep Guardiola, who he worked under at Barcelona, was too good to turn down.
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