Arsenal are pressing ahead with their summer transfer plans as they aim to bounce back from last season's disappointing Premier League campaign.
The Gunners finished a lowly fifth - their worst position since the 1995/96 season.
And Arsene Wenger's side also had to endure the embarrassment of ending the campaign 11 points adrift of fierce rivals Tottenham.
As a result, Arsenal fans are praying that Wenger can succeed where he has failed in previous years by bringing some big-name players to the Emirates.
A deal for Lyon's Alexandre Lacazette will be completed soon, with the prolific France international set to become their first summer arrival for a club-record £44million.
And Italian website Calciomercato.it are claiming that the Gunners have also completed a deal for Leicester's Mahrez.
The Algeria international played a key role in the Foxes' title win in 2016, scoring 18 goals across all competitions.
But that number dropped to 10 last season with Leicester struggling under Claudio Ranieri - something that ultimately cost the Italian his job.
Mahrez has since asked to leave the King Power Stadium, with the 26-year-old attracting interest from Barcelona.
But Arsenal now appear set to win the race for his signature.
GETTY
Arsenal have signed Leicester star Riyad Mahrez, reports claim
GETTY
Leicester star Riyad Mahrez looks set to join Alexandre Lacazette at Arsenal
The report adds than an announcement will be made 'soon' but does not provide any details of transfer fee of contract for the player.
Speaking last month, Wenger was coy when asked about whether he was interested in signing the Leicester forward.
"Have we made a bid for him? No," he said.
"Not yet. Not yet means it could happen, it could not happen."
Invalid email
We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy