Riyad Mahrez left out in the cold with Arsenal unwilling to meet Leicester's £50million valuation

Riyad Mahrez has been left in transfer limbo with Arsenal unwilling to meet Leicester's £50million valuation.

The north London side have held talks with the Foxes over signing the former PFA Player of the Year, but do not want to pay more than £35m for the Algerian international.

Mahrez has handed in a transfer request and is understood to have an agreement with Leicester that he will be allowed to leave this summer after ignoring interest from the likes of Barcelona last year.

Riyad Mahrez is keen to leave Leicester this summer and has handed in a transfer request

Thomas Lemar is still Arsenal's No 1 target with the club not willing to pay u00a350m for Mahrez — Thomas Lemar is still Arsenal's No 1 target with the club not willing to pay £50m for Mahrez

But with a huge gap in valuation between the two Premier League sides, he is expected to attend the start of pre-season training with Leicester on Friday despite the question marks over his future.