Red Devils legend Gary Neville became embroiled in a passionate back-and-forth with Sky Sports pundit Guillem Balague on Friday night as he took umbrage with the Spaniard's reductionist opinion that Sanchez would only move to Old Trafford because of money.
The deal has also been complicated by the fact that Manchester United have, apparently, shown an interest and may be willing to offer more cash than City.
The Red Devils have been linked with a move to sign Mesut Ozil in recent months but Manchester City were rumoured to be clear favourites to sign the Chile worldwide from Arsenal. The latter does not technically start work until February but given he helped Barcelona to navigate one of the most complicated, and controversial, transfers in recent history with their signing of Neymar from Santos, any advance input would probably be welcomed as Arsenal try and fill a Sanchez-sized hole in their team.
Moreover, the transfers of Samir Nasri and Robin van Persie from Arsenal to City and United respectively, should offer a reminder that a deal is not done until it is done.
If a deal can not be agreed with any club, Sanchez will be able to leave when his contract expires in the summer - a situation Arsenal are keen to avoid as they would receive nothing.
They also refuse to pay agent Fernando Felicevich £5m in commission.
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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.
Hearing that Arsenal may have been looking to cash out on the likes of Mesut Ozil and Alexis Sanchez - both out of contract this summer - United reportedly tossed their bidding hat in the ring.
Alexis Sanchez's move from Arsenal to Manchester City broke down on deadline day in August.
Wenger has admitted for the first time that it is unlikely the Chile worldwide will sign a new deal with the Gunners, but is confident he can convince Ozil to stay.
Bordeaux star Malcom is one of the best and most talented young players in Europe, and it does not come as a surprise that Tottenham Hotspur, Arsenal and Manchester United all have been linked with him.
City, meanwhile, have no intention of paying more than £20m for a player with fewer than six months remaining on his contract and they are reluctant to meet the agent's financial demands. "I'm focused on Liverpool".
Wenger said: "Of course I want a quick resolution".