Paris Saint-Germain are now the hot favourites to sign Alexis Sanchez .

The Chile star’s contract at Arsenal runs out in May, and the striker is unlikely to sign a new deal.

It means the 28-year-old can sign a pre-contract agreement with a club outside of England – and PSG are ready to move in.

They have earmarked Sanchez as the man to replace Brazil star Neymar.