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Pires, now an Arsenal ambassador, spoke out with Sanchez expected to complete his move in the next 24 hours.
Chelsea are considering a shock move for West Ham forward Marko Arnautovic as they look to land a new striker before the transfer window closes.
Arturo Vidal will not leave Bayern Munich in the winter transfer window despite speculation that Chelsea want to sign him.
Mane, 25, has been a key player since arriving at Anfield and has scored nine goals and set up a further six in his 22 appearances this season.
Manchester City are considering a January move for Shakhtar Donetsk midfielder Fred in a bid to get a head start on their summer transfer business.
Alexis Sanchez is heading to United in exchange for Henrikh Mkhitaryan in deal that will reportedly make him Premier League's highest-paid player.