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Real Madrid Transfer News: Latest on Riyad Mahrez and Lucas Silva Rumours

Real Madrid target Riyad Mahrez has reportedly been offered a new £100,000-per-week contract by Leicester City as the Foxes attempt to keep hold of their star winger.

According to John Percy in the Telegraph, Leicester are hoping to persuade the Algerian international to stay "for at least another 12 months" after he helped them win the Premier League last season.

Percy added that Mahrez, 25, has previously admitted it is "possible" he could leave the King Power Stadium this summer, but if he does opt to depart, "Leicester will demand a figure of over £30 million.