Manchester City, Liverpool and Barcelona enter race for Arsenal target Thomas Lemar

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Monaco could also use midfielder Thomas Lemar - a player who Arsenal have been chasing all summer - as a bargaining tool in negotiations.

The Arsenal forward has reportedly already rejected a contract offer from the English Premier League club worth £275-300,000 a week, and while living in Monaco means no taxes, it will be extremely surprising if the Ligue 1 club go so high for the Chilean.

The French Champions have had an exodus of players this summer, with Tiemoue Bakayoko joining Chelsea, while Benjamin Mendy and Bernardo Silva moved to Manchester City.

Sanchez has ben an Arsenal player since July 2014, when the North London club paid Barcelona £32m for his services. The likes of Kylian Mbappe, Thomas Lemar and Fabinho have all been linked with a move away, but the manager is hoping that the club can retain them for the upcoming campaign.

The Gunners have been strongly linked with a move for Lemar, who could cost the Gunners in the region of £45m, but Monaco are not keen on losing any more of their star men.

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According to French newspaper L'Equipe (Football Insider's Aramide Oladipo), Barca "pose a serious threat" in the race for Lemar after Paris Saint-Germain signed Neymar for €222 million (£200 million).

Thomas Lemar of France controls the ball during the worldwide Friendly match between France and England at Stade de France, on June 13, 2017 in Paris, France.

Arsenal have so far completed two key signings in the summer transfer window by luring the likes of Kolasinac and Lacazette.

"But it has been showed over the years that it's not always possible to keep the players, and you know how our project works".

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