Riyad Mahrez is set for showdown talks with Leicester after Manchester City abandoned their deadline-day pursuit over the £95 million price tag.

Mahrez will seek an explanation from Leicester officials over how his “dream” move to join up with Pep Guardiola’s Premier League leaders collapsed, with Manchester City reluctant to pay over £60m for the winger.

As reported by Telegraph Sport, Leicester were in no mood to sell the Algeria international and were prepared to demand a British transfer record to even contemplate doing business.

Manchester City proposed four different offers but were not prepared to go over the £60m mark for a player who cost just £450,000 from Le Havre four years ago.

It is understood that no formal bids were ever submitted but sources close to Mahrez, who has recently appointed Kia Joorabchian as his agent, revealed he was “very depressed” after the move broke down.