Sanchez is allowed to talk to foreign clubs in January ahead of his contract expiration however Manchester City would have to risk losing out if they were to sign him for a free transfer.
Wenger said that there was no deadline on reaching agreement but, when asked if he could "cut" his losses in January, he said: "Once you are in our situation, you envisage every solution".
Kenyans demand election reforms as police fire teargas
In Nairobi on Wednesday, Odinga said election officials stalled on actions, "creating an illusion of motion without movement". Tension between Kenyatta's ruling Jubilee Party and Odinga's opposition party have risen since the initial August election.
Ozil has repeatedly insisted he is happy in London, where he recently bought a new house, but has also called on Wenger to buy reinforcements in the past. "It's possible", Wenger said.
"I always said that when we didn't find an agreement a year ago that doesn't necessarily mean that the player will leave".
"I hope the situation can be turned around".
All Whites face Peru for World Cup place
He told Panamericana Television: "We were focused on the game and then in the final five minutes the Colombians approached us". But now they face New Zealand in a tricky two-legged intercontinental play-off in a bid to make it to Russian Federation .
Sanchez was involved in Chile's 3-0 defeat to Brazil on Tuesday night, with the Gunners player unable to help his national team to the World Cup despite playing the full 90 minutes. Arsenal are now six points off the Premier League leaders after signing just two players this summer - striker Alexandre Lacazette and left-back Sead Kolasinac.
Of Sanchez's potential availability on Saturday against Watford, Wenger said: "I will have to speak with him, I watched the whole game [ against Brazil]".
"Mentally, I will have to assess the situation when he comes back tomorrow (Friday)". It was a very physical game.
Amazon.com, Inc. (NASDAQ:AMZN): Financial Health and Analyst Ratings
July 18 investment analysts at Deutsche Bank kept the stock rating at "Buy" and moved down the price target to $1.00 from $900.00. The rating was maintained by KeyBanc Capital Markets with "Hold" on Wednesday, July 12. (NASDAQ:AMZN). 603 are owned by Banced.
"It's a possibility. He's courted by many teams", Alves said.