The Chile international - who is entering the final months of his contract at the Emirates – is wanted by both Manchester United and Manchester City.
While Arsenal’s asking price has been a sticking point for City, United entered the race this week by offering £30million, far more than the £20m Pep Guardiola’s side were willing to pay.
And ahead of a potential move north, Sanchez has not travelled with his team-mates to face Bournemouth in the Premier League this afternoon.
Fans on Twitter have gone into meltdown as a result.
Take a look through the gallery above to see some of the best tweets!
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Alexis Sanchez has been dropped for Arsenal's clash with Bournemouth
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