Arsene Wenger predicts £1m-a-week contracts could be seen soon

Arsene Wenger admits Arsenal cannot compete financially with their Premier League rivals as he predicts football could soon see a £1million-a-week player.

Ahead of the visit of Crystal Palace this weekend, the Gunners boss revealed that he expects Alexis Sanchez to depart for Manchester United in exchange for Henrikh Mkhitaryan.

It has been reported that Sanchez, who came close to joining Manchester City last summer, could earn as much as £500,000 a week at Old Trafford.