Spanish striker wants to leave the Emirates Stadium after feeling unfairly treated by the Gunners.
Sanchez, 28, is keen to reunite with City boss Pep Guardiola.
Sancho has rejected an opportunity to sign a new contract at City.
Arsene Wenger had reportedly identified Fornals as the long-term replacement for Santi Cazorla.
The France international has been linked with moves to Everton and Marseille.
West Brom are not interested in signing Kieran Gibbs
The 31-year-old has lifted 3 FA Cup trophies in his tenure at the club.
The Arsenal boss is adamant the Chile international won't be sold this summer.
Vardy was close to an Arsenal move, but opted to extend his contract last summer.
Reports suggest both clubs have until 11 August to do business.
Alvaro Morata's move to Chelsea leaves Zinedine Zidane needing another option.
Oxlade-Chamberlain has one year left on his contract and is yet to agree on a new Gunners deal.
Conte has signed a new two-year contract.
Reports suggest the French giants have targeted the Gunners forward and Neymar.
The 20-year-old winger impressed after replacing the injured Pedro.
Chamberlain has only a year left in his contract at Arsenal
Lacazette scored his first goal for the club against Sydney FC.
Pep Segura says that Catalans shouldn't sign players who have left the club before.
Gunners' pre-season preparations had been hampered by a virus passed around camp.
Marseille were believed to be the frontrunners for Giroud's signature.
Italian boss points out Manchester United and Arsenal deals for Romelu Lukaku and Alexandre Lacazette.
Leicester boss previously claimed that the Foxes were yet to receive any offers for Algerian winger.