Riyad Mahrez leaving Leicester City transfer update; $59 million slapped on the Algerian

Riyad Mahrez leaving Leicester City transfer update; $59 million slapped on the Algerian

Leicester City are adamant on keeping hold of their Players’ Player of the Year, Riyad Mahrez for at least one more season. The Foxes have slapped a price tag of $59 million on the Algerian international and have made their intentions clear that he won’t be available for cheap, unlike Chelsea bound N’Golo Kante.

English Premier League (EPL) giants Manchester City are reportedly interested in the player and this has given Leicester a chance to demand high price for Mahrez. City paid a whopping $64.54 million for Raheem Sterling last summer and with Mahrez not having any release clause in his contract, the Foxes feel that they could extract the same sort of amount for the 25-year-old, if sold, according to The Telegraph.

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Although there has been no official statement regarding any price tag on Mahrez, Leicester feels that Sterling’s price should be set as a benchmark if any club is interested to sign the attacking midfielder. The 25-year-old is yet to sign any new deal at the King Power Stadium, although manager Claudio Ranieri wants the man from Sarcelles, France to stay at the club for one more season.

“I was hoping that everyone would stick with us and listen to my advice, which was to live together the adventure of the Chmapions League, then everyone could go their own way the next summer.” Ranieri said regarding key players leaving the club.

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Leicester City have offered Mahrez an increased offer of $131,617-a-week contract and hope that he will follow the same path as striker Jamie Vardy, who chose to refuse Arsenal and stay at the club.

However, with Kante deciding to leave for Chelsea, Mahrez could follow suit, leaving the Premier League champions with a huge void to fill for next season.

Photo courtesy: Ronnie Macdonald/Wikipedia