The Arsenal duo have been heavily linked with moves away from the Emirates with both stalling over signing new contracts.
Sanchez and Ozil’s deal's expire at the end of next season and both apparently want £300-000-a-week contracts to be handed to them in order to extend their stay.
Bayern Munich are supposedly confident of securing a deal for Sanchez with Paris Saint-Germain circling too.
Ozil, meanwhile, has been linked with a move to Turkish giants Fenerbahce, who he is a lifelong fan of.
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But Arsene Wenger has cooled rumours linking the star duo with a move away from north London.
The Frenchman signed a new two-year deal last week and he is keen to kick start a new era at the club.
It is said that he wants to bring in two marquee signings with Leicester star Riyad Mahrez being strongly linked.
But before he goes about his transfer business, he is keen for Sanchez and Ozil to sign new contracts, with the Gunners boss insisting that the pair will not be sold this summer.
Arsene Wenger is confident Mesut Ozil and Alexis Sanchez will stay at Arsenal beyond this summer
Asked if the pair would be sold, Wenger told beIN SPORTS: “No. This summer first of all they will stay at the club – hopefully they can extend their contracts.
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“You cannot weaken the club and the team – unless you find a player of the same calibre.
“I believe at the moment we are not at that point. We are just focused on keeping the team together and see how to strengthen the team.”
He added: “When you sign a contract you commit to give your best until the last day of the contract so why would they not give their best.
“The interest of any players is always to play football and even more so at the end of your contract. If you’re a winner you want to win the game you’re playing.”