LEICESTER are willing to pay £30million to land Gylfi Sigurdsson — having resigned themselves to losing Riyad Mahrez to Arsenal.
The Foxes have told Swansea they want to be involved in any bidding war for the brilliant 27-year-old Icelandic attacker.
And they are prepared to pay the asking price, especially as fellow suitors Everton and Tottenham value him at £5m less.
Leicester, though, want Sigurdsson in first before they open the doors for the departure of Algerian star Mahrez, who they rate at £50m.
But Gunners boss Arsene Wenger faces a fight with French giants Monaco and Paris Saint-Germain to snap up the attacking midfielder, 26.
Monaco want the 2016 Ballon d’Or nominee to replace Bernardo Silva, who joined Manchester City last week.
And PSG are also in the race to take Mahrez back to France, where he played for Le Havre before linking up with the Foxes.
Wenger revealed on Friday he was interested in Mahrez, who has announced he wants to leave the King Power.
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It is understood the Algerian is a big admirer of the Frenchman and his style of play.
But any Gunners bid will be a big examination of Wenger’s transfer tactics now he has declared an interest.
His habit of letting deals slip away was one of the concerns the board had before they offered him a new two-year contract.
Big rivals Spurs are also watching the situation.
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