Arsenal are ready to splash out on Leicester City winger Riyad Mahrez.

The Daily Express says Arsene Wenger is set to extend his contract with the Gunners at the end of the season and wants to add the winger.

Algerian Mahrez enjoyed a superb campaign last season as he helped the Foxes to win the Premier League title.

And despite failing to replicate that form this year, it has not put off the Frenchman, who is planning to make a £30m move.

Wenger faces competition for 26-year-old Mahrez with Paris Saint-Germain believed to be interested.