Alexis Sanchez has signed for Manchester United after agreeing terms on his new contract, according to the Daily Mail.
The Chilean forward, who will earn £450,000 per week at Old Trafford, will complete his medical on Saturday evening and be revealed as a new signing shortly afterwards.
Henrikh Mkhitaryan will travel in the other direction, with Arsenal bagging the former Borussia Dortmund player at value of £35 million for Sanchez.
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