"At this stage, I don't think it's about the market", Mourinho said.
Arsenal boss Wenger has admitted he will lose Sanchez.
Wenger says there are two major factors that will decide whether or not they can get the other two players to renew their deals- earning money and winning trophies.
Meanwhile, Jose Mourinho has shared his thoughts on the "phenomenal" player.
Averaging 2.80 completed take-ons per 90 minutes, Sane has more success beating players than Sanchez - who averages 2.40 at Arsenal this season.
Arsene Wenger yesterday denied that the Gunners had made a move for the Brazilian, but also didn't rule one out in the future.
The 28-year-old forward has been linked with a move away from Arsenal after the Chilean refusal to sign a contract extension with the club.
If somebody speaks about one of my players, to say we are interested or not I wouldn't be very happy.
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UNITED have reportedly won the race to sign Arsenal ace Alexis Sanchez - according to unconfirmed reports.
A host of top English clubs including league leaders Manchester City and their domestic rivals Manchester United have been linked with a move for the Chile worldwide, though the Blues boss has now confirmed that the Londoners will not be part of this.
They dislike United as much as Mourinho and it all smacks of the Robin Van Persie saga which saw the striker leave whilst in a rich vein of form and go on to win the premiership. However, unlike his two teammates it is believed that the former Bournemouth loanee wants to stay at the north London club.
"The reason for this is he feels left-back is very hard to get the player he wants - Alex Sandro - because of the price Juventus are asking for".
Nevertheless, Mourinho does not think that any signing will bridge the gap between United and City in terms of points in the Premier League this season, with Guardiola's side 15 clear ahead of its trip to Liverpool on Sunday.
"I understand completely why you ask this question [about Sanchez], it's your job", said Guardiola.
"Alexis is an exceptional football player, he's a world-class player and if that happens [and he leaves] we have to find a different balance in the team".
"There is still an opportunity for (Mesut Ozil) to stay", said Wenger at his weekly news conference. "He'll have the choice of a lot of clubs and, if United could get him, it would be a massive signing".