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The Chile forward's switch from Arsenal is now confirmed and the 29-year-old will earn close to £500,000 per week before tax at Old Trafford. That is his basic wage plus image rights and bonuses. Nice work if you can get it.
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2. Paul Pogba (Manchester United) - £290,000 per week
The France midfielder signed a contract worth a reported £290,000 per week when United brought him back from Juventus in a club record £89.3million deal in 2016. Reports suggest he is also in line for a new contract - and pay rise - in the near future.
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3. Sergio Aguero (Manchester City) - £260,000 per week The prolific Argentinian, who this season became City's record goalscorer, signed his current deal in the summer of 2014. He is believed to be £260,000 per week making him narrowly the club's top-paid player.
5- Kevin de Bruyne (Manchester City) - £250,000 per week
Announced at exactly the same time as Sanchez, De Bruyne will be earning slightly less than team-mate Sergio Aguero after signing on to stay at City until at least 2023.
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United not only paid a Premier League record £75million - plus a potential further £15million in add-ons - for the striker last summer, but also agreed to pay him a reported £250,000 per week.
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The Swede might be at the veteran stage of his career, but his availability on a free transfer from Paris St Germain in 2016 allowed United to hand him a huge wage packet, worth a reported £220,000 per week.
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Belgium playmaker Hazard is Chelsea's most influential player and is well rewarded for that, with a weekly wage worth a reported £220,000. His contract expires in 2020 but, with Real Madrid linked, there has been much talk of a new deal.
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8- Cesc Fabregas (Chelsea) - £220,000 per week Estimates vary, but some reports suggest the Spain midfielder signed a contract worth £220,000 per week when he joined Chelsea from Barcelona for £30million in 2014. More conservative reports suggest a pay packet of around £180,000 per week.
After Real Madrid went close to signing him in 2015, United rewarded one of the world's best goalkeepers with a new contract that underlined his importance, worth a reported £200,000 per week.
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11- Henrikh Mkhitaryan (Arsenal) - £180,000 per week The Armenian's move to the Gunners was confirmed at the same time as Sanchez's Man United deal and he's also set to enjoy a pay rise. Mkhitaryan will enjoy £30,000 more a week in London as he looks to put a disappointing period at Old Trafford behind him.
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