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Published 23:18 15 Dec 2016 GMT
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"He was one of the best in the world and he showed it every day. "He was a major player we wanted to take to City. "We could not take him before he signed for Arsenal, it was because the club was punished for Financial Fair Play. I did not have the space in the squad for him."In 2014 City was found guilty of breaking the FFP guidelines and slapped with a £16 million fine. The club also faced limits on both spending and squad size. For Pellegrini, Sanchez seems to be the one that got away.

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