Liverpool expressed interest in the Barcelona forward at the time and were seemingly on course to sign him what with Luis Suarez going the other way.
But Arsene Wenger’s Arsenal beat them to the punch, bringing the forward in for a fee around the £35million mark.
At the time Sanchez cited “a great manager, a fantastic squad of players and huge support around the world” as his reasons for wanting to join.
And Liverpool were very disappointed to miss out on signing such a talent, especially considering the career he has gone on to have at Arsenal.
However, according to Ayre, the Gunners always had the advantage over the Reds for reasons completely out of their control.
“There was much-publicised interest in Alexis Sanchez, as part of the deal which saw Luis go to Barcelona, and that deal was done,” Ayre told Sky Sports.
“The only reason it wasn’t was that the player and his wife wanted to live in London. We couldn’t move the football club to London, unfortunately!”
This season Sanchez has found the back of the net 19 times in the Premier League assisting on nine occassions.
But the Gunners currently sit outside the Champions League places in sixth, four points behind Man City in fourth.