Leicester City: Will Foxes Let Riyad Mahrez Leave for £45 Million?

Riyad Mahrez
Riyad Mahrez at Stamford Bridge, London, May 15. Leicester City is believed to want at least £45 million for Mahrez. Michael Regan/Getty

Leicester City is confident of holding onto Riyad Mahrez ahead of the new Premier League season but would demand a fee of more than £45 million from potential suitors.

The club is valuing Mahrez, who won last season's Players' Player of the Year gong, against the £49 million ($65 million) fee Manchester City paid Liverpool for Raheem Sterling last summer, according to The Daily Telegraph.

Despite N'Golo Kante's exit from the King Power Stadium last week, Leicester is adamant that the Frenchman's £30 million ($39 million) move to Chelsea won't see a surge of departures in this transfer window.

Kante, a defensive midfielder, had a release clause in his contract that the west London club was able to activate. That, however, is not the case with Mahrez, meaning the club can name its price.

Leicester is hoping the 25-year-old Algerian will choose to accept a new deal worth up to £100,000 per week as it prepares to defend the Premier League title this coming season.

Apart from Kante's departure, manager Claudio Ranieri has enjoyed a successful summer, sealing the services of Jamie Vardy for another four seasons and signing striker Ahmed Musa.

Leicester faces Jose Mourinho's Manchester United in its first competitive fixture of the season on August 7 in the FA Community Shield at Wembley Stadium.