Mahrez ready to quit Leicester
Mahrez signed a contract extension with Leicester in August 2015
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The PFA Player of the Year is wanted by Europe's elite after scoring 17 goals and recording 11 assists to help guide the Foxes to their first ever top-flight title win in 2015-16.
Mahrez signed a contract extension with Leicester in August 2015 and is currently earning £35,000-a-week - much less than Arsenal-bound team-mate Jamie Vardy who increased his pay packet to £80,000-a-week after agreeing an improved deal in February.
Algeria international Mahrez has attracted interest from the likes of Arsenal and Paris Saint-Germain following his match-winning performances for Claudio Ranieri's side.
Uncertainty currently clouds the 25-year-old's future but the player himself is keen on leaving the King Power Stadium in the summer transfer window.
Arsenal are waiting on Jamie Vardy to decide whether he will accept the Gunners' £120,000-a-week contract offer but have not set a deadline for the player's decision.
However, England boss Roy Hodgson has requested that the forward resolves his future before Saturday's Euro 2016 opener against Russia to avoid distractions during the tournament.
Another Leicester player N'Golo Kante, meanwhile, has confirmed that his future will be decided after the Euros following links with PSG and Chelsea.