Sánchez has told his Arsenal team-mates that he wants to leave during the transfer window, and the London club are resigned to losing the 29-year-old but are holding out for a fee of around £35 million.
The Sky Blues were said to be willing to wait to sign him for free in the summer, but their plans have been accelerated by Gabriel Jesus' MCL injury.
In 18 league appearances this season, he has found the net seven times and has provided four assists, a tally that should surely be greater given he has created 43 chances for his misfiring team-mates.
This time it's Alexis Sanchez who is the hot property.
It would represent a significant U-turn if Sanchez were to do anything other than move to the Etihad Stadium.
It's claimed that whilst City have offered £20million for Sanchez, United have now come in with £25million for the forward, as well as offering him bigger wages as they offer greater terms on two fronts.
Malcom celebrates scoring for Bordeaux
Mkhitaryan has been linked with an Old Trafford exit in recent weeks, as he appears to have fallen out of favour with Mourinho and has also been linked with a move to Serie A Inter and former club Dortmund. "We've not spoken about it and it's not something we're working on".
We've been big fans of Alexis ever since his Udinese days, and while he's no longer a spring chicken, he's still the only player worth any serious transfer consideration on Arsenal.
Manchester City midfielder Kevin de Bruyne has dropped the biggest hint yet that Alexis Sanchez will join him at Manchester City in the future.
It's also a high-risk strategy that could blow up in their faces.
Presuming he stays beyond this strange season, Mourinho will bring a more competitive United side to the Premier League table next season. The squad selection was bizarre enough which cost them the game despite Danny Welbeck, Theo Walcott, Mohamad Elneny, Iwobi and Per Mertesacker starting in the match.
The total package is likely to land Sterling a sizeable increase, with City keen to start talks over a new deal for the winger in February. Certainly not but there's always ways to find a different balance.