"At the general level, what I can say is myself and the Manchester United board, and the owners, we don't believe a lot in the January market". I don't think it is correct to say things about Alexis Sanchez.
"It looks like Sanchez will not extend his contract", Arsenal boss Wenger told reporters in the embargoed section of Friday's pre-match press conference.
The United manager said last March that he never would have let Hernandez leave United if he had been in-charge when the player was at Old Trafford.
Sanchez is now Arsenal's joint top goalscorer in all competitions with eight goals to his name.
But City are reluctant to meet Arsenal's £35 million (€39m) asking price and foot the £5m (€5.6m) bill Sanchez's agent, Fernando Felicevich, is reputed to want for his part in the deal.
Arsene Wenger yesterday denied that the Gunners had made a move for the Brazilian, but also didn't rule one out in the future.
United have always been linked with French superstar Griezmann who plays for Atletico Madrid, and Real Madrid's Welsh wizard Bale, but signing Sanchez to partner Romelu Lukaku would spell the end of those pursuits.
The Bordeaux midfielder is wanted by a host of clubs including the North London duo and Manchester United. But Wenger reiterated his stance that this is the new normal because of inflated transfer fees that make it more profitable for players to run down their contracts and then ask for massive signing fees and wages from their new club instead.
Sanchez's move from Arsenal to City has been talked about as a certainty recently but Manchester United's late interest has put off their rivals.
"Alexis is an exceptional football player, he's a world-class player and if that happens [and he leaves] we have to find a different balance in the team".
"It's not that I don't want to inform you". They won't offer Arsenal more than £20m and know at the end of the season they can offload other players like Sergio Aguero, Yaya Toure and Eliaquim Managala to give Sanchez the deal he wants.
Obviously, if Sanchez leaves in the summer, Arsenal will receive nothing in return, so it's certainly in their best interest to sell him now.
"I have a good relationship with Theo and I don't want him to be frustrated or lose an opportunity to go to the World Cup".