Jack Wilshere
Jack Wilshere is in Hodgson's plans for the Euros.Getty Images

Manchester City are preparing an £80m ($115m) bid for Arsenal duo Jack Wilshere and Alexis Sanchez in the summer at the insistence of new manager Pep Guardiola . The Spaniard is taking over from Manuel Pellegrini next season and has earmarked the duo as his prime targets for the summer transfer window.

The Sunday Mirror reports that Sanchez would be more than willing to switch to the blue side of Manchester following the appointment of Guardiola and is currently waiting for a contract extension with only two years left on his current deal. The Chilean has failed to scale the highs of last season and is considering a move to a different club after Arsenal failed to seize the initiative and win the title ahead of Leicester City.

Wilshere has missed a major part of the current campaign through injury but is hoping that he will be in the mix for the Euros next month after Roy Hodgson openly expressed a desire to take the 24-year-old to France. Guardiola is a long-term admirer of the player and would take him at City in a bid to bolster his home grown quota. However, Wilshere has repeatedly expressed his satisfaction at Arsenal and would be a difficult prospect to lure to Manchester.

The Gunners are in for a busy summer, with a lot of likely changes. Theo Walcott's future is on the line despite having signed a long-term contract last year after the player struggled to live up to expectations this season. Danny Welbeck's injury has also forced Arsene Wenger's hand and the Frenchman is set to invest in a striker in the upcoming window.

Wenger's future is also a cause for concern, with the manager yet to commit to a new contract, which is set to expire after the end of next season. Wenger has rubbished reports of a new deal and revealed that any discussions will take place when the season comes to an end in 2017.