Arsenal have set their price for Alexis Sanchez.
According to London Evening Standard, the London club chiefs plan to cash in if they fail to agree a new deal with the 28-year-old.
And they believe there will be a bidding war for Sanchez, driving his fee up.
Several clubs are interested in signing the Chile international including Chelsea, Man City, Man United, Bayern, Juventus and PSG.
The Gunners, reportedly, will slap a £50m asking price on the forward.