Manchester City will not give Arsenal a penny for Alexis Sanchez.

The Premier League leaders have no plans to make a cut-price £20million bid for the Chilean forward during the January transfer window.

They are ready to wreck revenge on the Gunners over their decision to scupper a £60million deadline-day deal for the 28-year-old by signing him for nothing when his contract expires next summer.

Sunday Mirror Sport has learned that City are still angry at the way Arsenal handled negotiations for Sanchez in August.