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Can Man United still sign Sanchez without Mkhitaryan swap?

Arsenal FC v Borussia Dortmund - UEFA Champions League

LONDON, ENGLAND - NOVEMBER 26: Henrikh Mkhitaryan of Borussia Dortmund and Alexis Sanchez of Arsenal battle for the ball during the UEFA Champions League Group D match between Arsenal and Borussia Dortmund at the Emirates Stadium on November 26, 2014 in London, United Kingdom. (Photo by Jamie McDonald/Getty Images)

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The answer to the (first) titled question is, undoubtedly, yes.

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The latter question — the “will they?” — remains a relative unknown at this point, but if reports out of the UK are to be believed, Manchester United are just as likely to send $40 million (or so) Arsenal’s way in exchange for Alexis Sanchez, should Henrikh Mkhitaryan refuse the move by declining any contract offers from the Gunners.

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The thinking, at least for the last few days since Man United somewhat unexpectedly entered the Sanchez sweepstakes, was that swapping the Armenian for the Chilean was the obvious — and, perhaps only — way forward. Call it special circumstances or an obvious audible, but that’s not necessarily the case — from the Guardian:

“It is understood that if Mkhitaryan does not leave Mourinho believes that, given the club’s robust finances, [Man United executive vice-chairman] Ed Woodward could still sanction a move for a player who would potentially vastly improve United.”

By the time Sanchez is signed, sealed and delivered, United will have also paid Sanchez and his agent, Fernando Felicevich, massive signing-on fees that could total another $30 million. No matter the order in which the Sanchez-Mkhitaryan saga plays out, United will come out ahead with a superior player at a massively discounted price — should Sanchez ultimately move to Old Trafford, of course.

Follow @AndyEdMLS