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The Telegraph say the Catalans must spend the hefty sum if they want to sign the Leicester star.

It was suggested that Liverpool boss Jurgen Klopp has put the winger at the top of his wish list.

(Image: GETTY)

Klopp is widely expected to strengthen his squad in the summer following an underwhelming campaign.

Leicester have faced an even more torrid season and are currently battling relegation having secured Premier League glory just a few months ago.

Mahrez, 26, was an integral part of the team's title winning side.

(Image: GETTY) (Image: GETTY)

But the Algerian ace has struggled to replicate the same form and could be packing his bags this summer.

Leicester might be tempted to do business with Barca rather than offload Mahrez to a Premier League rival.

Since moving to England from Le Havre in 2014, he has made 110 appearances and bagged 27 goals.