The Arsenal duo were among the most high-profile names absent from last month’s Ballon d’Or nominees, with Fifa and France Football having returned to handing out their own awards after briefly merging the two between 2010 and 2015.
Alongside Ozil and Sanchez are London representatives N’Golo Kante of Chelsea, another who missed out on Ballon d’Or consideration, and Dimitri Payet of West Ham United.
There are no Tottenham players among the 23-strong shortlist, though Hugo Lloris is in contention for the Ballon d’Or.
Champions Leicester have Riyad Mahrez and Jamie Vardy nominated whilst Sergio Aguero, Kevin De Bruyne (Manchester City), Zlatan Ibrahimovic and Paul Pogba (Manchester United) are the other players in the running for the award.
Real Madrid forward Cristiano Ronaldo is likely to be the favourite for the prize after winning the Champions League.
Sergio Agüero (Argentina/Manchester City), Gareth Bale (Wales/Real Madrid), Gianluigi Buffon (Italy/Juventus), Cristiano Ronaldo (Portugal/Real Madrid), Kevin De Bruyne(Belgium/Manchester City), Antoine Griezmann (France/Atlético Madrid), Zlatan Ibrahimović (Sweden/Paris Saint-Germain/Manchester United), Andrés Iniesta(Spain/FC Barcelona), N’Golo Kanté (France/Leicester City/Chelsea), Toni Kroos(Germany/Real Madrid), Robert Lewandowski (Poland/FC Bayern Munich), Riyad Mahrez (Algeria/Leicester City), Lionel Messi (Argentina/FC Barcelona), Luka Modrić(Croatia/Real Madrid), Manuel Neuer (Germany/FC Bayern Munich), Neymar (Brazil/FC Barcelona), Mesut Özil (Germany/Arsenal), Dimitri Payet (France/West Ham United),Paul Pogba (France/Juventus/Manchester United), Sergio Ramos (Spain/Real Madrid), Alexis Sánchez (Chile/Arsenal), Luis Suárez (Uruguay/FC Barcelona), Jamie Vardy(England/Leicester City).
Voting will be open to the public with members of the media and the captains and head coaches of national teams also deciding on the winner, who will be announces at The Best Fifa Football Awards in Zurich on January 9.
