Arsenal close in on Riyad Mahrez signing- reports

Riyad Mahrez is set to be on his way out of Leicester City to join Arsenal in a deal worth €50million, according to reports.

The transfer will be yet another massive blow to Leicester and Claudio Ranieri, who have already seen N’Golo Kante join Chelsea.

Earlier this week, Ranieri appeared confident that Algeria international Mahrez would remain at the King Power Stadium, despite reported interest from the likes of Arsenal, Chelsea and Barcelona.

However, according to Eurosport, the Gunners have managed to prise the 25-year-old away from the Foxes and the move could be announced over the next few days.

Mahrez will compete with the likes of Alexis Sanchez, Mesut Ozil and Theo Walcott for a place in Arsenal’s forward line.

Walcott had been linked with a move to West Ham at the start of the summer after falling out of favour under Arsene Wenger, but speculation the England international will leave the Emirates Stadium has since died down.

The arrival of Mahrez could spark further reports, with Walcott now facing competition for the reigning PFA Player of the Year, who contributed 17 goals and 11 assists to Leicester’s remarkable title triumph.