Alexis Sanchez waits as Manchester United and Arsenal wrangle over Henrikh Mkhitaryan part-exchange

The Armenian is understood to prefer a return to Borussia Dortmund if he is to eventually leave Old Trafford

Alexis Sanchez is still waiting to make his exit from the Emirates (Getty)

Manchester United and Arsenal are still sorting details of the prospective transfer of Alexis Sanchez, as it has yet to be decided whether the Old Trafford club will pay the full £35m fee or send Henrikh Mkhitaryan to the Emirates in a part-exchange.

While it is now almost certain that the Chilean will go to United due to Manchester City's refusal to up their offer, Mkhitaryan is not yet as keen to go to Arsenal. There remains a considerable difference in positions on his weekly wage, and the Armenian is also understood to prefer a return to Borussia Dortmund if he is to eventually leave Old Trafford, while Arsenal themselves are looking at Malcolm of Bordeaux.

Arsene Wenger has also had a long-term interest in Anthony Martial, but United sources say the club would not even entertain the idea of sanctioning his departure. If a deal for Mkhitaryan cannot be done, United will pay the full £35m fee for Sanchez.