There’s not much point selling one of your favourite things for £142 million if you can’t have some fun splurging the proceeds on something extravagant, and Liverpool appear to have found a very enjoyable way to spend their Philippe Coutinho windfall that will still leave them with loads of cash left over for booze, clothes and a couple of holidays at Center Parcs. It’s Alexis Sanchez.

The Sunday Mirror reports that the Reds have decided they might as well join the race to sign the cut-price Arsenal legend because, at roughly the same money they paid for Christian Benteke, it would be rude not to.

Jurgen Kloop is apparently ready to “gatecrash the Manchester race” for Sanchez and will have “no worries” meeting the £35m price tag. All he needs to do is convince the Chilean to snub both Pep Guardiola and Jose Mourinho in favour of a move to Anfield.

READ MORE: Neymar to Madrid rumours won’t shake PSG – Emery

READ MORE: Wenger plans to stay at Arsenal until 2019

The Mirror concedes that the Reds can’t offer Alexis the same wages as Man Utd and Man City, but they could try persuading him to reject both clubs on the basis that it would be funny.

Sanchez’s family have reportedly “arrived in London” to watch the whole amusing business unfold in person (Goal), while United are prepared to pay more than £10m in agent’s fees to bring the forward to Old Trafford (Sunday Telegraph).

“Flirty Sanchez”, is how the Daily Star Sunday puts it, which is quite a good pun for them, as they reveal that Alexis is also being “eyed by Chelsea”. Basically, in a market where Jonny Evans and Alexis Sanchez are valued at the same price, Premier League clubs are realising one by one that they should at least try to sign the Arsenal man.

Man Utd want Neymar for £444m

A slightly less economical signing would be Neymar, who the Sunday Express says is being lined up by Man Utd in a ridiculous record-breaking £444m transfer.

Whereas Real Madrid are allegedly ready to “break the bank” with a £355m move for the Brazilian, United are ready to go one step further and actually buy the bank, replace all the employees with owls and dish out free money to anyone who enters the Ipswich branch wearing a wetsuit. We’re talking silly money, basically.

Meanwhile, West Ham are considering a swoop for 24-year-old Fiorentina striker Khouma Babacar, says the Sun on Sunday. The Italians want £15m for the Senegalese international, but David Moyes would prefer to take the player on loan due to the Hammers’ history of spending loads of money on strikers who then turn out to be either rubbish or injured or both.

Elsewhere, Liverpool are interested in Sporting Lisbon winger Gelson Martins (Correio da Manha) and are ready to pay £60m for Monaco’s Thomas Lemar (Sunday Times), Newcastle will make a fresh move for Rafa Bentiez’s favourite goalkeeper Pepe Reina, of Napoli (Sun on Sunday) and Espanyol manager Quique Sanchez Flores had agreed to take over at Stoke City but then changed his mind (Sky Sports). He must have stumbled across some clips of Rory Delap’s long thrown-ins on YouTube.