Arsenal manager Arsene Wenger said he is willing to make a "financial sacrifice" and lose Alexis Sanchez on a free transfer.
Sanchez is out of contract at the end of the Premier League season and the Chile international is no closer to signing a new deal as he reportedly eyes an exit.
The 28-year-old has been linked with Manchester City, Paris Saint-Germain and Bayern Munich.
Wenger, however, has no plans to sell Sanchez, even as the former Barcelona forward's contract winds down.
"It is a financial sacrifice. It is a sacrifice that you have to calculate how much it costs," Wenger said of Sanchez, who sat out the season-opening win over Leicester City and will miss Saturday's match against Stoke City due to an abdominal strain.
"If you let the player go and you buy somebody you spend maybe more than you lose. And as well if you extend the contracts it costs you maybe more than you lose when you keep the player. So you have to consider the length of the contract as well that the players want.
"So all that is in consideration, the financial sacrifice is not as heavy as it looks."
"It's my decision, but after the board has to of course agree with me. And if they don't agree we have to consider it as well, and I will accept it. But the board is behind me on that," the Frenchman continued.
Wenger added: "You can have an estimation of what it costs if you lose the player, what it costs if you extend the player, and all that. What it costs if you buy a new player. You can do that, approximately. After that, the ratio between what the player will cost, what he brings back, this has gone.
"How can you quantify today what Neymar costs? Will he bring €300million back? It's impossible to say. There is a part that is rational, and the other part is completely irrational: it is passion, ego, pride, you can call that how you want. How much is that worth financially? Maybe that's down to every club."
|Rashford inspired by Ronaldo|
|Messi is not a leader, he is no Ronaldo, claims Petit|
|Better than Ballack? Hodgson backs Loftus-Cheek to shine against Panama|
|Svitolina and Garcia suffer upsets|
|Walker responds to Ferdinand criticism|
|Djokovic still hungry for more after reaching major milestone|
|Ellis drop goal earns Castleford dramatic win|
|Nigeria hero Musa unsure on Leicester City future|
|X marks the spot - Granit´s rocket sets World Cup first|
|Xhaka and Shaqiri follow the script as Serbia are derailed|
|Chandimal appeal against ban rejected|
|Real Madrid sign teenage goalkeeper Lunin|
|Serbia 1 Switzerland 2: Shaqiri strikes late to clinch crucial comeback victory|
|Suspended Srna joins Serie A side Cagliari|
|Cilic sets up Kyrgios showdown as Djokovic reaches milestone|
|Kudla up next in Federer´s Halle ´fight´|
|Assistant Farbrace to take charge of England for T20 games|
|Hummels hoping to be fit for Sweden clash|
|Hend surges clear as Fleetwood struggles again in Pulheim|
|Giant-killers Mexico embrace sudden weight of expectation|
|Roma complete €17.25m Kluivert deal|
|Pakistan name strong group for Zimbabwe tour|
|Choc Horror: Boullier insists McLaren do not hand out Freddos as bonuses|
|Neymar: Not everyone knows what I went through|
|Poland v Colombia: No time to dwell on regrets, warns Aguilar|
|Musa shows Messi how it´s done to set up critical Argentina showdown|
|Nigeria 2 Iceland 0: Musa brace boosts Super Eagles & Argentina|
|McLaren and Renault open to Ricciardo talks|
|We must win, we have no other choice - Maaloul|
|Germany will respond against Sweden, insists Low|
|´The best among all Asians´, South Korea trust in Son against Mexico|
|Stalin´s bunker an unlikely site for Russia´s World Cup charm offensive|
|England v Panama: Rashford tipped to start as Southgate´s side aim for last 16|
|Erasmus wary of ´wonderful´ Cipriani|
|Hummels to miss Germany-Sweden, confirms Low|
|Murray accepts Eastbourne wildcard|
|St Petersburg madness lines up Neymar and Brazil with heroes of the past|
|Martinez happy to be ´boring Belgium´|
|Japan v Senegal: Squeaky clean Group H rivals eyeing huge step towards last 16|
|Argentina team the worst in history - Ardiles|
|Ravanelli upsets wife by taking Arsenal job...in Kiev|
|Federer moves a step closer to 10th title in Halle|
|Brazil 2 Costa Rica 0: Coutinho and Neymar score in stoppage time to snatch win|
|Andersson: Sweden embracing big occasion as bug sweeps through team|
|LeBron in ´good dialogue´ with Cavaliers|
|Ronaldo will always be the best, Fonte claims|
|Southgate criticises press for England team leak|
|O´Mahony: Series win in Australia would be up there with Grand Slam|
|Khedira thrilled with Can capture, staying with Juventus|
|Samuel open to Higuain-Icardi swap deal|
|It´s just a game - Milligan disappointed by Kruse criticism|
|From drug-testing lab to gastro pub: Sochi happy not to forget dark past|
|Ronaldo will do what is best for him, says Carvajal|
|Kohli: India will feel at home in England|
|Barca target Lenglet yet to decide future|
|Germany perform best under pressure, Klose claims|
|Juanfran signs one-year Atletico Madrid extension|
|Julian Nagelsmann: The remarkable rise of RB Leipzig|
|Sterling: my daughter is Liverpool through and through!|
|Van Bommel to take charge of PSV|
|Hansen urges France not to ´squeal´ over decisions|
|Intelligent Jones will turn England´s fortunes around - Moody|
|Nainggolan confirms imminent Inter transfer|
|U.S. Open missed cut may be blessing in disguise - McIlroy|
|Schmidt in no rush to decide on his future|
|Wallabies treating decider as grand final - Hooper|
|Salah won´t leave World Cup, Egypt FA boss claims|
|Chandimal, Hathurusinghe and Gurusinha admit ´serious´ conduct breach|
|Mikal Bridges´ 76ers dreams dashed in dramatic draft twist|
|They want to pull you down - Sterling hits out at tabloid press|