Real Madrid have been long-term admirers of the forward, dating back to his time with fierce La Liga rivals Barcelona. Despite Manchester City coming close in last summer's transfer window, Spanish outlet 'Don Balon' reported that 'Los Blancos' are determined to sign Alexis Sanchez.
The 28-year-old is hoping to leave as a free agent next summer in search of a new challenge and Real are confident they can secure Sanchez's long-awaited arrival. A move that would unquestionably generate big changes not only for Real Madrid.
The signing of Sanchez would surely spell an and to Gareth Bale's adventure in Spanish football, with Real growing tired of his injury struggles. Manchester United, Chelsea or Tottenham are all potential destinations for the Welshman.
Another man to leave the Bernabeu could be Karim Benzema, making the opposite journey to fill the void left by Alexis Sanchez in north London. Wenger is a great admirer of the French striker and would deem him a perfect replacement for the wantaway Chilean.
The reigning La Liga champions would then have enough cash to spend on a new striker and Harry Kane remains their No 1 priority. The Englishman could make a big-money move to Madrid, leaving Spurs without their talisman. Pochettino, however, to seek solace in Bale's potential return to his former side.