Leicester City have rejected an initial £20m bid from Serie A runners up Roma, according to reports from Sky Sports.
The Algerian winger handed in a transfer request back in May and has been linked with Arsenal and (more tentatively) Barcelona in recent weeks.
While Roma's offer of £20m is understood to have been rejected by Leicester, the 26-year-old winger has - according to Mediaset - already agreed personal terms with the club, who are attempting to fill a vacancy left by Mohamed Salah who joined Liverpool for £34m earlier this summer.
BREAKING NEWS: Leicester reject £20m bid from Roma for Riyad Mahrez, according to Sky in Italy. #SSN— Sky Sports News HQ (@SkySportsNewsHQ) July 15, 2017
Rome now seems the most likely destination for Mahrez, with Arsenal apparently more interested in pursuing Monaco's Thomas Lemar. The Serie A side's new sporting director Monchi is known admirer of the winger and is understood to have already spoken to the star's agent to talk terms.
However, despite Mahrez's desire to leave, Leicester are keen to hold out for a lot more than £20m, with reports speculating that it could take as much as £44million to secure a deal for the 2016 PFA Player of the Year.
AS Roma Hold Talks With Agent of Leicester Star Riyad Mahrez as Summer of Speculation Continues https://t.co/dIrN6bbeNv— 90min (@90min_Football) July 14, 2017
While it seems certain that Mahrez will eventually get his wish to leave, it remains to be seen how much Leicester will be willing to compromise on their asking price.
Foxes manager Craig Shakespeare has urged his player to keep focussed and remain 'professional' during the window
Shakespeare said, as quoted by The Sun: “Ultimately he’s contracted to the football club and he has to be professional. We all can have a little mood swing but it’s about how long that lasts for.
“It applies to everybody, not just Riyad, the commitment and application has to be there."