Atletico Madrid boss Diego Simeone has included Arsenal forward Alexis Sanchez on a list of striker targets as he looks to revamp his squad for next season, according to reports.

Sanchez, 28, has only a year left on his Gunners contract and has been linked with moves to Barcelona, Manchester City, Juventus and Paris Saint-Germain.

The Chile international admitted earlier this month that he was "frustrated" with Arsenal's season and that he would make a decision on his future in the summer.

Arsenal are in fifth place on the league table, three points behind Manchester City in the last Champions League qualifying spot. They face Chelsea in the FA Cup final at Wembley on 27 May.

The Independent says Simeone is also interested in signing England striker Jamie Vardy after being impressed by his performance in the Champions League quarter-final meeting between Leicester City and Atletico.

Napoli's Edinson Cavani and Real Madrid's Alvaro Morata are other players reportedly on the Argentine's list of striker targets.

The report comes amid speculation linking Atletico talisman Antoine Griezmann with a potential world-record summer move to Manchester United.

Manchester Evening News reported on 11 May that United had reached an agreement with Griezmann's representatives ahead of a transfer.

Simeone admitted in March that he would be powerless to prevent Griezmann from leaving Madrid if a club triggered his €100m (£84m) release clause.

The Frenchman signed a new contract to stay at Atletico until 2021 last June after getting assurances that Simeone would stay at the club.

"I spoke to him in the summer holidays, we spoke a lot and he stayed," Simeone was quoted as saying by ESPN.

"He told me that he would stay if I stayed. He then spoke to his agents to sign the documents."

"Griezmann would never allow me to demand of him to stay. The players that have given me their lives, I obviously accompany them in the decisions that they take. What is clear is that as long as [Griezmann] stays, the team and the club will continue to grow," the Argentine coach added.

Atletico were knocked out of the Champions League at the semi-final stage by arch-rivals Real Madrid on 10 May.