Telegraph Sport understands any big offers for Ozil would be looked at if he does not sign an extension.
Ozil is currently Arsenal’s highest paid player, earning £140,000 per week, £10k per week more than Sanchez.
Replacing either Ozil or Sanchez would be a hugely difficult task and Wenger has already lined up Borussia Dortmund’s Marco Reus as a potential target at the end of the season.
By Ben Kelly – @benkelly_10