Alexis Sanchez must take a HUGE pay cut to stay at Inter Milan next season

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Alexis Sanchez will need to accept a significant drop in wages if he wants to complete a permanent switch to Inter Milan this summer, according to Tuttosport.

The Chilean's contract with Manchester United is worth a whopping £400,000 a week, with a further £160,000 of bonuses dependent on his success.

Inter agreed to cover just £4.5million of his £21m annual salary when signing him on loan last summer and the Seria A giants will not get close to matching his United deal if they opt to keep him beyond this season.

The Italian publication claim that Sanchez would have to be willing to drop his demands by 'at least half' to secure a permanent move to the San Siro.

That would result in a weekly salary of around £200,000 a week for the former Arsenal star, who has only scored one goal since moving to Milan last summer.

Tuttosport claim that Inter are open to the idea of paying up to £22m to land Sanchez permanently, despite interest in Napoli's Dries Mertens.

However, the Belgian is now reportedly on the verge of renewing his contract in Naples, potentially giving Sanchez a chance to remain in Italy.

Inter will only look to sign the ex-Barcelona star if his form improves in the final two months of the season as Antonio Conte's men battle for the Serie A title.

After playing four games for the club at the start of the season, Sanchez missed three-and-a-half months with a dislocated ankle and tendon damange suffered while representing Chile in October.

He has returned to the fold over the last seven weeks, and managed assists in wins over Udinese and rivals AC Milan last month.

Manchester United had been expected to try to sell Sanchez this summer after allowing him out on loan, but Ole Gunnar Solskjaer recently insisted that the 31-year-old would be back in his plans next season.

Speaking towards the end of the January

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transfer window, the Norwegian said: 'Alexis will come back in the summer and will prove you all wrong.'