Leicester City expect Riyad Mahrez to stay at the club following a meeting between director of football Jon Rudkin and his representatives on Wednesday.
The Premier League champions do not wish to sell the Algerian in this window despite interest from rival clubs.
Despite reports in France on Wednesday, it is understood Arsenal have not made a £35m bid for the 25-year-old.
Sportsmail understands the title-winning star is not desperate to leave the King Power outfit this summer.