Arsene Wenger is adamant Alexis Sanchez could still sign a new deal at Arsenal.
The Chile international was on the verge of joining Manchester City on transfer deadline day after a £60 million deal was agreed between the clubs.
But the Gunners pulled the plug on the deal when they failed to bring in Thomas Lemar from Monaco as a replacement.
Sanchez – who has just one year left on his contract in north London – was said to be ‘upset’ at the failure to secure a move away from the Emirates.
But Wenger insists the 28-year-old is happy in London and has not ruled out the possibility of convincing him to stay.
“I think there is a chance yes,” said Wenger.
“He just said that he is committed and focused on Arsenal and I think he is happy here. That’s what makes me believe it.
“You are absolutely convinced that he’s not, but he’s 29 in December – he knows his football years are counted at that level with the evolution of the game.
“You have to enjoy every minute.”
Throughout the summer Wenger had been insistent that Sanchez would not be sold, no matter the price.
But that stance appeared to change in the final hours of the window, with Manchester City given encouragement that a deal could be done as Arsenal stepped up their pursuit of Lemar.
But when the France international opted to stay at Monaco, Arsenal ended discussions with City over Sanchez.
“I don’t want to explain it,” said Wenger. “I didn’t want him to leave.
“Unless you bring someone in who is similar quality, then you can defend it because you have a player with a four or five year contract in front of you who is young.”
The Arsenal boss added: “Every decision you make can be interpreted in both ways.
“As long as you have the quality on the pitch for the club, that’s what matters.
“I said I didn’t want him to leave, that’s true – and in the end he didn’t leave.”