10:41 AM
Happy new year 2012
Alexis Sanchez ... the star striker is attracting plenty of suitors in the off season. Source: YURI CORTEZ / AFP
Manchester City are set to make an offer for Udinese's Chile forward Alexis Sanchez that could be worth £34 million ($A55 million), according to a report in the Sunday Times.
It said City executives were due to fly out to Italy on Monday (EST) and were ready to improve an offer of £22.1 million ($A35.8 million) for the 22-year-old which has already been turned down by the Serie A side.
The paper added City might have to go as high as £34 million to sign the striker.
Sanchez impressed at last year's World Cup and followed up by scoring 12 league goals as Udinese qualified for the UEFA Champions League.
City won this season's FA Cup-- their first major trophy in 35 years - and finished third in the Barclays Premier League, both achievements coming under the guidance of Italian manager Roberto Mancini.
City's Abu Dhabi based owners are reckoned to have lavished £300 million ($A487 million) on signing players since taking over the north-west club in 2008.
Meanwhile, Inter Milan playmaker Wesley Sneijder has backtracked on his earlier commitment to the Serie A side.
The Holland international, who has been linked with a number of leading clubs throughout Europe this summer, claimed late last week that he had no plans to leave Giuseppe Meazza.
But now, despite insisting that still 'loves Inter with all his heart', Sneijder has left the door open for a possible big-money summer switch.
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