Manchester City will make an offer for Alexis Sanchez this week, Sky sources understand.
City are desperate to sign the 29-year-old from Arsenal before the window closes on Thursday.
Chilean media T13 have reported that Sanchez has asked to leave the Chile training camp to “conduct personal business”.
One source has confirmed to Sky Sports News that City are willing to offer Raheem Sterling as part of the deal.
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Another player who could be involved in a potential deal is Sergio Aguero, although City have made it clear that he is not for sale.
Sky Sports News have also been told Sanchez is unhappy at Arsenal and wants to leave.
Arsenal’s position remains that Sanchez is happy and staying at the club, despite having less than a year left on his current contract and so far refusing to sign new terms.