Alexis Sanchez is demanding a whopping $517,000 a week to sign a new deal at Arsenal. Meanwhile Arsenal target Arda Turan will not be leaving Barcelona this summer. In Italy, Inter Milan has left former Manchester City, Chelsea and Arsenal target Gabriel Barbosa out of their preseason squad as he attempts to seal a loan move away from the #San Siro outfit. Here's a complete report of the latest transfer updates #Making The Rounds:

Sanchez wants big pay to stay at Arsenal

Negotiations have hit the "buffers" after Alexis Sanchez apparently rejected Arsenal most recent offer of $355,000 per week, according to the Sun. However, fellow EPL side Manchester City are now willing to snap up the Chile international, who could perhaps leave the Emirate next summer on a "free transfer" if he eventually runs his current contract out.

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Sanchez hinted at a possible "exit" during the just concluded FIFA Confederations Cup in Russia. However, nothing has materialized and no offers has so far been received for the Chilean. Sanchez in a post-match press conference in Russia said: "My future is best known within me. I know what it is, but I can't tell anyone else at the moment."

Turan not leaving Barcelona this summer

That's the revelation by his representative Ahmet Bulut, amid serious speculations about a possible move away from Spain. The Turkish international has struggled much to establish himself as a key first team player at Barcelona since his arrival from Atletico Madrid in 2015. As such it was speculated that he could be permitted to leave during the summer transfer window and Arsenal have been heavily linked. But, according to NTV, his agent Ahmet Bulut has poured out "cold water" on those rumors and insisted his client will stay at the Camp Nou.

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Barbosa set to seal a loan move to Las Palmas

Gabriel Barbosa was extensively wanted by all Premier League clubs this time last year when he was still at Campeonato Brasileiro Série A club Santo. But, ultimately, it was Inter Milan who eventually won the race to sign him. However, it has not gone to plan for Gabriel Barbosa as he managed a total of just 112 minutes of league action during his debut season with Inter Milan. Now a possible loan move away from the San Siro outfit is on the cards and Inter Milan have left the 20 year old out of their 25 man preseason roster as a result. According to Football Espana, La Liga club #Las Palmas have now been linked with a move for the Brazilian but one of his old English admirers (Arsenal, Chelsea or Manchester City) may yet decide to give him a "shot" at the EPL this summer.