Arsene Wenger warned Arsenal will lose £250m on Gunners duo

Charlie Nicholas hints that replacing Mesut Ozil and Alexis Sanchez could cost Arsenal around £250m

Arsenal manager Arsene Wenger Photo: The Sport Review

Charlie Nicholas has warned Arsene Wenger that Arsenal are on the brink of losing £250m worth of playing talent.

Both Mesut Ozil and Alexis Sanchez have less than six months remaining on their current Arsenal deals to throw up the possibility of the duo leaving on free transfers at the end of the season.

Neither player has shown a desire to sign a new Arsenal contract following protracted negotiations in the 2016-17 season.

Sanchez has been heavily linked with a move to Premier League leaders Manchester City over the past 12 months and only missed out on a move to The Etihad in the summer due to Thomas Lemar’s reluctance to move to north London.

Manchester United are reportedly interested in signing World Cup winner Mesut Ozil, which isn’t a surprise given the Germany international’s past working relationship with Red Devils boss Jose Mourinho.

Former Arsenal midfielder Nicholas is concerned about the Gunners losing £250m worth of talent that will prove very difficult to replace.

“The modern game is creating such wealth but Arsenal are going in the opposite direction, potentially letting £250m worth of playing talent leave in the summer for nothing,” Nicholas told Sky Sports.

“The same issues have been going on for several seasons and they’re now missing out on Champions League funds because of the apparent penny-counting. The club looks as if it has lost all ambition.

“Since the day David Dein walked away this football club has been sinking and I wonder how we’re going to attract the best players or, when Arsene does leave, his replacement.

“It worries me who would want to come and manage here when it seems we can’t get our best players to renew their contracts.”

Arsenal finished in fifth place in the Premier League table last term to miss out on a Champions League spot but won the FA Cup to compensate for their top-flight disappointment.

The Gunners, who are in sixth spot, lost 4-2 to Nottingham Forest in the FA Cup third round last weekend.

MORE: Latest Arsenal news and views

MORE: Football transfer rumours and gossip

Arsene Wenger
Have Arsenal, Liverpool FC Or Man United Ever Been Relegated?
Gary Lineker
Gary Lineker tells Jurgen Klopp to switch Liverpool FC star’s position
Gossip
Frenkie De Jong
Fabrizio Romano provides update on Chelsea FC link to Frenkie De Jong
Gossip
Sky Sports News reporter Dharmesh Sheth
Sky Sports reporter delivers update on Chelsea FC search for next signing
Who does Martin Tyler support?
Which Football Team Does Commentator Martin Tyler Support?
Arsene Wenger
Have Arsenal, Liverpool FC Or Man United Ever Been Relegated?
Gary Lineker
Gary Lineker tells Jurgen Klopp to switch Liverpool FC star’s position
Gossip
Frenkie De Jong
Fabrizio Romano provides update on Chelsea FC link to Frenkie De Jong
Gossip
Sky Sports News reporter Dharmesh Sheth
Sky Sports reporter delivers update on Chelsea FC search for next signing
Who does Martin Tyler support?
Which Football Team Does Commentator Martin Tyler Support?
Slideshow
Top 50 Muslim footballers: Arsenal, Chelsea FC, Liverpool FC and Man United stars feature
Top 50 Muslim footballers: Arsenal, Chelsea FC, Liverpool FC and Man United stars feature