It has been reported that Arsenal are set to offer Alexis Sanchez and Mesut Ozil a combined £30million-a-year deal in wages to extend their stay at the Emirates.
According to reports, the pair have been linked with a move away from the London club due to lack of major trophies.
The duo have reportedly failed to sign a contract extension with the Gunners until the end of the season.
Sources revealed that the Chilean will be offered a two-year extension on £275,000-a-week while the German will be offered £280,000-a-week.
Also, Arsenal manager Arsene Wenger is reportedly set to sign a two-year extension deal after his side missed out on Champions League spot for the first time since he arrived at the club in 1996.