Latest on Alexis Sanchez and Henrikh Mkhitaryan in the January transfer window

United boss Jose Mourinho admitted on Monday night that his side "have a chance" to sign Sanchez in this window, with previous suitors Manchester City understood to have now exited the race for the 29-year-old due to the cost involved.

There has been speculation Mkhitaryan will be offered as a makeweight from United to land Sanchez, and Mourinho left the playmaker out of the squad to face Stoke on Monday due to "doubts about his future".

United are odds-on favourites at 2/7 with Sky Bet to sign Sanchez this month.

Chelsea are second in the odds to sign the forward at 4/1.

Mkhitaryan's agent Mino Raiola has now claimed that Sanchez's transfer to United is reliant on his client joining Arsenal as part of the deal.

"Manchester United are not going to sign Sanchez unless Mkhi agrees to join Arsenal," Raiola told The Times.

"Mkhi is going to do what is best for him. He has two-and-a-half years left on his contract so it's his decision.

"Sanchez is part of the Mkhi deal, not the other way around."

Mkhitaryan is odds-on at 1/3 with Sky Bet to complete a move to Arsenal before the transfer window slams shut.

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