Arsenal and FC Barcelona have been reported to have had agreed that striker Alexis Sanchez will be released for £35million.
BBC Sport correspondent David Ornstein made the revelation via social media, but added that the 25-year-old will still have to undergo a medical in order to make the deal final.
— David Ornstein (@bbcsport_david) July 10, 2014
The Chilean international, who found the back of the net twice in this year's World Cup finals, enjoyed is coming off his most successful season at the Nou Camp as far as participation and output are concerned.
He was able to tally 21 goals and 17 assists in 54 appearances in all competitions, enough to catch interests from top European clubs like Liverpool, who have been suggested to be interested in swapping Luis Suarez plus cash for Sanchez.
The Tocopilla native has already come a long way since his days with Udinese, wherein he used his loan spells with Colo-Colo and River Plate to his advantage before plying his trade in the Serie A for three years.