Ramsey now earns more than £100,000-per-week and is among the club's highest earners - Sanchez and Ozil are top of the pile on £140,000 - and any new contract is likely to come with a pay rise that will keep the 26-year-old at the leading end.
Should Sanchez stay at Arsenal, he will have to make do without Champions League football next season after the Gunners missed out on a top-four finish in the Premier League.
U.S. forces shoot down Iranian drone over Syria as fighting escalates
It was shot down by a US F-15 near the area of al-Tanf, where the U.S. is training local fighters to combat Islamic State militia. The stark warning that coalition aircraft are now fair game marks a massive escalation of tensions between Moscow and the West.
Manchester City and Chelsea have been touted as potential suitors, while Bundesliga giants Bayern Munich are thought to be interested in signing the attacker, who is believed to want around £300,000-a-week wages.
'I hope he stays, ' Mustafi told BILD.
The futures of Alexis Sanchez and Mesut Ozil are still very much open for discussion, meanwhile, and it is understood that transfer plans have been placed on hold until head coach Arsene Wenger has addressed what will happen with arguably his two best players. I have experienced few players who are as hungry as him.
Murray to face Thompson at Queen's after Bedene withdrawal
Earlier, Andy Murray was handed a new opponent for his first-round match after Aljaz Bedene withdrew because of a wrist injury. Murray's arrival on court raised hopes that finally the results would go the way of the nation's hero.
The uncertainty surrounding Sanchez's future has clouded the early weeks of Arsenal's summer - but team-mate Mustafi is desperate to see him stick around.
Of Sanchez, Mustafi added: 'He can play in every team.
Modi does 'asanas' amid showers, says yoga connecting world
Not only is yoga great for toning your body, but it also helps to build your strength in ways you didn't think were possible. This year the theme of the day is Yoga for Harmony and Peace.The yoga protocol will begin at 7 AM and last for 45 minutes.