Alexis Sanchez will become Manchester United's highest-paid player if his move from Arsenal goes through after agreeing personal terms, reports said on Wednesday.
The Chilean forward looks set to leave the Gunners this month and United have not hidden their interest.
United manager Jose Mourinho admitted on Monday night that his side "have a chance" to sign Sanchez in the January transfer window, with previous suitors Manchester City understood to have now exited the race for the 29-year-old due to the cost involved.
According to the Telegraph, United have offered Sanchez a four-and-a-half-year contract with an annual income of £27million before tax, which would make him the top-earning player at the club.
With a transfer fee, signing-on lump sum and an agent's fee likely to be involved, it means United could face an overall outlay of over £150million should they secure a deal for the former Barcelona player.
Manchester United have been approached for comment but have yet to respond.
United's bid to bring Sanchez to Old Trafford depends on Henrikh Mkhitaryan moving in the opposite direction, according to the Armenian's agent Mino Raiola.
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