Wenger: Alexis Sanchez's Man Utd Move Imminent

Arsenal manager Arsene Wenger has revealed that Chilean winger Alexis Sanchez is very close to moving to Manchester United, with Henrikh Mkhitaryan to join the Gunners as part of a straight exchange deal.

Sanchez has been rumoured to be close to joining United for some time and Wenger confirmed the development today at a press conference. When asked about Alexis & Manchester United, he said, "That's a story well documented.. I don't have much to add.. It's in an advanced stage. If it hasn't happened (Alexis) will play on Saturday.. It's likely to happen at any moment.. these things are never guaranteed."

He went on to add that Mkhitaryan is also set to move the other way - "The wages (for Mkhitaryan) would not be a problem. This would be an exchange of players and I think one would replace the other. Are we still in the transfer market after that, yes..."

"We played against him (Mkhitaryan) many times at Dortmund. He appreciates the way we play games & the way we play football... wages would not be a problem," Wenger added before commenting on the wages Alexis Sanchez is set to receive at United. "I respect MUFC because they generate the resources they pay to their players themselves."

He also confirmed that Mesut Ozil will not leave the club in January.

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Michael Kors Buys Italy's Versace Fashion House For $2.12 Billion

Fashion company Michael Kors is buying Versace, the Italian luxury brand founded by Gianni Versace in 1978, for $2.12 billion. The two fashion houses made the announcement Tuesday, one day after speculation spread about a potential deal. Donatella Versace, the artistic director of the Milan-based fashion house who helped lead the company after her brother's death in 1997, said it's the perfect time for the company to join with Michael Kors. "It has been more than 20 years since I took over the company along with my brother Santo and daughter Allegra," Donatella Versace said in a news release. "I am proud that Versace remains very strong in both fashion and modern culture."

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The leader of the Islamic State group urged followers to burn their enemies everywhere and target "media centers of the infidels," according to an audio recording released Thursday that the extremists said was by Abu Bakr al-Baghdadi. The reclusive leader of Islamic State, who has only appeared in public once, also vowed to continue fighting and lavished praise on his jihadis for their valor in the battlefield — despite the militants' loss of the northern Iraqi city of Mosul in July. "You soldiers of the caliphate, heroes of Islam and carriers of banners: light a fire against your enemies," said al-Baghdadi, a shadowy cleric who has been surrounded by controversy since the Sunni terror group emerged from al-Qaida in Iraq, its forerunner. Russian officials said in June there was a "high probability" that al-Baghdadi had died in a Russian airstrike on the outskirts of the Syrian city of Raqqa, the group's de facto capital. US officials later said

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