The World Cup victor has entered the final 12 months of his current Arsenal deal to throw up the possibility of Ozil leaving the north London club on a free transfer next summer.
The expectation is that City will still have to pay over £50m to get Sanchez in January.
In fewer than two months the transfer saga surrounding Alexis Sanchez could finally be over, one way or another.
The Citizens wanted to land Sanchez in the summer transfer window and saw a £60 million deadline day move fall through, with Arsenal failing to land the player's replacement, Thomas Lemar, from Monaco.
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Emmanuel Petit is praising the current form of the forwards, whilst asking the question as to the reasoning for the recent performances.
"But, if they do, they need to show the same commitment to help Arsenal to a Champions League spot".
The likes of Alexis Sanchez, Granit Xhaka and Per Mertesacker attended Whittington Hospital, alongside Arsenal Women's stars Heather O'Reilly and Alex Scott.
But Sanchez would undoubtedly add further quality to an already-brilliant collection of attacking players at Guardiola's disposal, and add more depth to the squad as they mount a challenge for multiple trophies.
While you're here, check out the latest episode of #SportsJOElive where we had former Irish Rugby star Andrew Trimble alongside Derry footballer Chrissy McKaigue and extreme adventurer Gavan Hennigan in the studio!