By Harvey Byrne

Arsenal have tabled a bid worth £43million for Leicester sensation Riyad Mahrez, according to a report.

French publication L’Equipe claims that the Gunners have gone on the offensive for the 25-year-old Premier League winner.

It is said the offer was lodged on Wednesday and is made up of £35.3million up front plus £7.8million of performance-related add-ons.

The French publication also states that there could be a possible bonus payment for the Leicester star, who still has three years left on his contract at the Foxes.

This report follows Eurosport claims that Mahrez was close to following N’Golo Kante out of the Leicester exit door and joining Arsenal in a £42million deal.

Leicester are keen to keep their star player from their title winning season and manager Claudio Ranieri has previously stated that the winger will be staying at the club.

However, it is claimed that the Algeria international, who recently rejected an extension of his contract at the Midlands club is determined to join Arsene Wenger’s side.

Mahrez was the star of the show as Leicester shocked the football world to win the Premier League title last season.

The former Le Havre wide player scored 18 goals and provided 10 assists in 39 appearances in all competitions last campaign and won the PFA Player’s Player of the Year award.

Wenger is looking to strengthen his side after 12 years without a title victory, but the French manager has only been able to secure one major signing so far this summer with Switzerland international Granit Xhaka joining the club.

In other Arsenal transfer news, the Gunners are on the brink of signing Shkodran Mustafi.