By Egbe Emmanuel Egbala

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Arsenal have a lot of work to do this summer, and sorting out the future of Alexis Sanchez is one of the club's most important jobs.
Thus far the Chilean has rebuffed all offers of a new deal, and is heading into the final 12 months of his contract. History tells us that if an agreement can't be reached, Arsenal will sell. People point to the sales of Robin van Persie to Manchester United and Samir Nasri to Manchester City as evidence of this.
It is worth pointing out, however, that those departures took place five and six years ago, respectively. Moreover, in both instances the players more or less made their positions at the club untenable: The Dutchman made risible, patronising statement to fans, while Nasri's devious behind-the-scenes behaviour included an attempted move to Alex Ferguson's side before he ultimately joined their city rivals.
There's no evidence that Sanchez is willing to employ this tactic, and Arsenal's financial situation has changed considerably since Nasri's departure. In 2011, the Gunners were still three years away from new sponsorships and commercial deals, and while their £42.5m capture of Mesut Ozil in 2013 made the £20m they received for Van Persie a year earlier a little harder to swallow, there's no doubt they can take a financial hit for sporting benefit.
And let's be realistic: If a reportedly confident City side is willing to extend Sanchez a £50m offer, it would deal Arsenal's coffers a massive blow -- especially if he were to walk away on a free transfer next season.
While we remain in the realm of sanity, however, selling your best player -- and probably the best player in the Premier League last season -- to a rival club is a very, very bad idea. Yes, you strengthen them and weaken yourself, but the ramifications of such a decision go way beyond what takes place on the pitch.
Fans, who have not been reticent in expressing their unhappiness in recent times, would view Sanchez's departure as something approaching the final straw in their relationship with the club. An owner, manager and chief executive who have already undergone public criticism for past decisions and performance simply cannot afford to incite that degree of backlash.
Arsenal's hugely enjoyable FA Cup win in May provided some mortar with which to fill in the cracks, but selling Sanchez would open up a fissure like never before. It would create a Grand Canyon between fans and the club, and no amount of spending could fill it.
After finishing fifth in the Premier League, Arsenal's goal should be to return to the Champions League and challenge for the title. In order to accomplish that goal, you don't sell your best player to anyone -- least of all to a team in the same division.

Arsenal need to show some backbone this summer and prioritise sporting matters over financial ones. Sanchez has 12 months left on his deal -- a contract he willingly signed. If he won't agree to sign a new one, they should keep him and let him go on a free transfer next summer.
While Sanchez's high bargaining power in this scenario raises serious questions about the club's management, his presence on the pitch next season is worth more to Arsenal than £50m in the bank now. There is also skepticism surrounding the club's efficiency in the transfer market, and there are few players who can replicate the Chilean's varied talents on the pitch.
It's also entirely possible that if Arsenal become a truly competitive force again, the club could strike a long-term deal with Sanchez and persuade him to stay. Given his options outside of England are dwindling (Bayern Munich have distanced themselves from a move), the strong negotiating position he has at this moment might weaken.
At 28, Sanchez's next contract is likely to be his last big one, so it's understandable that this game of brinkmanship is being played. A solution might be a 2-year extension, perhaps with a clause that allows him to leave in the same way Luis Suarez did for Barcelona. As it stands, however, there's simply no way Arsenal can sanction a deal that would land Sanchez at City.
If they have any sense or ambition, the club will keep him at the Emirates for at least one more season.