Alexis Sanchez
Alexis Sanchez is wanted by Bayern Munich.Getty

Bayern Munich are keeping a close eye on Arsenal forward Alexis Sanchez and are willing to make an offer for the Chilean in the summer. The 27-year-old has only two years left on his current contract and negotiations are currently ongoing with the club to extend his deal.

The Mirror reports that Bayern have made enquiries about the availability of the player and would be willing to take him off Arsenal's books who have gone another season without winning the title. Alexis has scored 21 goals and assisted 14 for club and country this season but has failed to scale the heights of his debut year where he single-handedly led the Gunners to a top four finish.

Bayern are going through a managerial change with Carlo Ancelotti coming in to replace Pep Guardiola after the end of the season and the Italian is already looking to add more quality to the squad, especially with Borussia Dortmund poised to make a major challenge next season. However, it will be difficult to prise the 27-year-old away from the Emirates, with Arsene Wenger confident that he can convince both Sanchez and Mesut Ozil to tie themselves down to long-term contracts after the end of the season.

The Gunners are likely to be active in the market in the upcoming summer, with replenishments needed across the length of the pitch. The manager has revealed that Theo Walcott's future at the club is under consideration with the England international struggling to make it to the first eleven owing to his lack of form in the final third.

Meanwhile, Jack Wilshere made his return to the first XI against Sunderland as a second half substitute, having played three U-21 games before being deemed fit to play a part in the league. The 24-year-old missed the entirety of the season with a broken fibula but is back in contention for a place in the England squad travelling to the European Championships scheduled in June.