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Leicester City vice-chairman Aiyawatt Srivaddhanaprabha has said there have been “no real offers” for wantaway winger Riyad Mahrez.

The 26-year-old has expressed his desire to “move on to a new experience” this summer with Roma and Arsenal interested in the PFA former player of the year.

Craig Shakespeare has already confirmed that Leicester have knocked back one bid from Serie A side Roma, believed to be the £20million offer the Mercury reported earlier this week.

Sources in Italy have told the Mercury that Roma are ready to launch a second offer for Mahrez, with the club confident they can get the winger for around €35m plus add-ons.

(Image: Getty)

That would still be under £32m, and well short of Leicester’s £50m valuation of Mahrez.

Speaking ahead of Saturday’s Premier League Asia Trophy match between Leicester and Liverpool, Srivaddhanaprabha said the club are still waiting for bids that meet the “expensive deals” done already in this transfer window.

“There's no real offer at the moment," he said. "We know his potential, but he also has to adapt to the team. If he performs well, he'll have his chance in the team.

"Change is ordinary in football. I believe every player wants to play, obviously with big clubs. Mahrez also has his dream. There is nothing concrete at the moment, and he is still a Leicester City player.

(Image: Plumb Images/Leicester City FC via Getty Images)

"The transfer market now is really difficult to work with. I saw reports say that 'the offer's not good enough'; actually, there's no offer at all.

"Or, if there is one, it will be lower than those expensive done deals for players that never won the PFA, no Champions League stint, never been on Ballon d'Or shortlist.

"I don't set the exact price tag, as we don't want to sell him. Reporters can have their say. I didn't say 40, 50 or 100 million because I really don't know.

"You have to consider his value at the moment he left, and value of his replacement accordingly. I can't see a player like Mahrez or a decent replacement in the market right now."