Sanchez scored 30 goals for Arsenal and, as a result of his importance to the side, Arsene Wenger is happy for him to wind his contract down.

Mail Online reports that the improved offer will see Sanchez earn £300,000-a-week at the Emirates if he puts pen to paper.

And Wenger says that Sanchez will be out of the Gunners first two matches of the season against Leicester City and Stoke City.

However, the Frenchman insists Sanchez remains “focused” on playing for the Gunners this season amid continued speculation about his future. “He is out for a while, could be two weeks but he will not be available for Stoke”.

Asked if there was any update on Sanchez’s situation, Wenger replied: “No”.

Alexis Sanchez is always a loss for us, of course”.

I am sure that Arsene Wenger and the Arsenal coaching staff and medical team will be working as hard as they possibly can over the next week in an attempt to make sure that our German worldwide defender Shkodran Mustafi is fit enough to face Stoke in Arsenal’s second game of the new Premier League season, but I think we have to accept that the German may not be ready.

While Ozil and Ramsey missed the Community Shield, Mertesacker was taken off injured after sustaining a head injury.

According to the Mirror, the club are concerned by the Chilean’s current injury that has ruled him out of Friday night’s clash with Leicester City. Wenger, though, does not yet appear to have given up hope that his most influential player will pen fresh terms before then.

“We will try to extend the contract”.