Manchester City remain the favourites to sign Arsenal star Alexis Sanchez.
The Chilean is out of contract in the summer and looks unlikely to sign a new deal in North London.
City are at the front of the queue for his signature and are rated as a 5/4 chance to sign the ex-Barcelona man.
However, they could face competition from two of Europe’s biggest names.
Real Madrid are also understood to want the 28-year-old.
Los Blancos are in the market for a forward and are 3/1 to bring Sanchez back to Spain.
Paris Saint-Germain are the other possible destination at odds of 5/1.
Alex Apati of Ladbrokes said: “The Gunners look to have lost the battle to keep hold of Sanchez, and the latest odds suggest he could soon be lining up against them in the Premier League.”
Ladbrokes Latest Betting:
Alexis Sanchez Next Club
Manchester City – 5/4
Real Madrid – 3/1
Paris Saint-Germain – 5/1
All Odds and Markets correct as of date of publication.