Sanchez has just over a year remaining on his current deal and has attracted interest from a host of clubs, with Manchester City, Chelsea and Paris St Germain all expected to table bids this summer if the Chile global becomes available.
The club now sit sixth in the Premier League table, seven points off fourth place and Champions League qualification.
"The team are having a more hard spell and at this stage I am not important, no other player is important, what is important is the club". He doesn't have the look of a player who wants to have his wage doubled, he has the look of a player who is sick of playing for a team that is going nowhere.
Jamie Carragher believes Arsenal's acceptance of a top-four finish has eroded that "something special" the north London club had over the past five or six years. "At the moment it would be wrong to think about that".
N'Golo Kante: Arsenal had the chance to sign me
We can all see what Eden Hazard is doing. "Tottenham are a good team playing very well, so it's not done and we have to fight". Kante was courted by both London clubs but says the club based in the west showed more interest, hence he signed for them.
Asked about Ozil's current situation, Wenger said: "It is hard to get distracted". "In the summer, you have a longer period for the club to negotiate and plan the future".
Arsenal face Middlesbrough at the Riverside Stadium on Monday.
The Gunners have only won two of their last eight games and the 3-0 humbling courtesy of Crystal Palace last time out turned the heat up on Arsene Wenger like never before.
"He plays with an aggressive attitude", Wenger added.
"As players, you can't pick your coach". "The essential in football is we have to make sure of one thing - good players on the football pitch".