All the evening news, views and transfer rumours from the Emirates Stadium...
The 26-year-old Denmark international is currently a free agent after his contract with the Gunners ran out at the end of last season.
Three of the North London club's current players - Per Mertesacker, Mesut Ozil and Lukas Podolski - will be in action on Sunday when Germany take on Argentina at the Maracana in Rio de Janeiro.
Arsenal midfielder Mikel Arteta wants the European giants to win the contest.
‘I would be so happy for these three to win it because I think they have been really good’, the Daily Star quotes the 32-year-old Spaniard as saying. ‘It must be an unbelievable feeling just to have the chance to play in a World Cup final. We'll be very proud for them if they win it and it will be a big experience for them to win a tournament like that’.
The Chile forward has joined the Gunners on a long-term contract after three seasons at Barcelona.
Midfielder Aaron Ramsey has backed Sanchez to be a success for the Gunners. However, the 23-year-old Wales international has refused to speculate on which position the 25-year-old former Udinese star will play.
‘I'll leave that to the manager’, Ramsey told Sky Sports. ‘We all know about his qualities - he's quick, he can get in behind and dribble with the ball so he'll certainly slot in with ease... It's a great signing for us and he'll certainly add quality to the team and bring his own style. We're all looking forward to working with him’.