The Chile international’s future was a relentless source of speculation throughout the summer transfer window as he was heavily linked with a move away from The Emirates.
Sanchez’s current Arsenal contract is due to expire at the end of the season and he was thought to be close to a move to Manchester City in the closing stages of the transfer window.
However, Arsenal ended up keeping hold of the talismanic forward as they opted not to let him leave The Emirates.
It remains to be seen how Sanchez’s future pans out as the clock ticks down on his current Arsenal contract.
But former Arsenal man Hleb reckons that Sanchez could actually end up committing his future to the north London side before his contract is up.
Speaking to the Independent, Hleb said: “Arsenal found themselves in a very difficult situation with Sanchez.
“On one side, if he doesn’t want to play for the team you could say it would have been better to sell him for good money.
“On the other hand, he’s such an important player for Arsenal and is a leader. I have seen him play this season and he still fights, give his best and scores goals.
“He looked professional rather than angry that he didn’t get his move to Manchester City.
“I think he will wait until the winter, see how the team are playing and maybe sign a new contract.
“Why not stay at Arsenal? It’s a great club with huge tradition, great fans and Arsene Wenger as the manager. They can achieve things. Why leave?”
Sanchez will be expecting to feature for Arsenal when the Gunners take on Brighton at The Emirates in the Premier League on Sunday afternoon.
The Gunners are aiming to challenge for the Premier League title this season after ending up fifth in the table last term and missing out on a Champions League spot.
MORE: Man United latest news
MORE: Arsenal latest news
MORE: Chelsea latest news
MORE: Liverpool latest news