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Manchester United have lodged a £25 million bid for Alexis Sanchez as they seek to pip arch-rivals Manchester City to the Arsenal forward, reports The Guardian.
Pep Guardiola is said to have a £20m offer on the table for a player who is set to be out of contract at the end of the season.
Jose Mourinho has now countered that approach, with Henrikh Mkhitaryan offered to Arsenal in an effort to help sweeten the deal.
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