Just remembered that Sanchez/agent was asking for outlandish money in the summer from PSG and Bayern, somewhere around 300k per week. I think everyone thought he was doing this knowing it was not acceptable to those teams, thus leaving him free to come to us at 200+ per week in January or the summer. Now it's 500k, a ridiculous amount for a player of his stature, he is no Ronaldo or Messi,and I think the rags have been well and truly mugged.
I have no doubt he will improve the rags but can he suddenly up his game? He's been pretty average so far this season, I'm sure the Arsenal fans will be even more pissed off if he does (not that it will bother him).
There will be the usual fanfare if/when he signs but he has basically been able to mug them because they are so desperate. A strange way to start a relationship with one's new employer.