Last updated on .From the section Man City

Manchester City have broken their club record to sign winger Riyad Mahrez from Leicester City for £60m.

The 27-year-old has signed a five-year deal to become the Blues' first recruit since they won the Premier League.

They walked away from a potential deal for the Algerian in January after being put off by Leicester's valuation.

Mahrez said the club's style of play is "perfect" for him and he wanted to be part of a club which is "redefining the English game".

"Watching them from afar has been a pleasure," said Mahrez.

"Pep Guardiola is committed to playing attacking football, and City's performances last season were outstanding.

"I think we can be successful over the coming years and I believe my own game can develop under Pep's management."

An end to a transfer saga

Mahrez described Manchester City's performances last season as 'outstanding'

Mahrez was named the PFA Players' Player of the Year during Leicester's surprise Premier League triumph in 2015-16, and leaves the club having scored 48 goals in 179 appearances.

The Foxes said Mahrez had "played his way into the hearts" of supporters during four and a half years with the club.

"His moments of magic will live long in the memory as the club and its fans continue to build a long-term legacy for the success delivered by the teams to which Riyad so memorably contributed," a Leicester statement read.

Mahrez handed in a transfer request in January but his move broke down with Manchester City not prepared to pay a £95m package demanded by Leicester.

He stayed at the King Power Stadium - scoring 12 league goals in 36 games as the Foxes finished ninth in the Premier League - and admitted he had "regrets" over a dispute with the club which saw Professional Footballers' Association offer to mediate.

Manchester City were thought to have offered £50m at the time, but the final fee exceeds the £57m they paid Atletico Madrid for defender Aymeric Laporte in January.

The deal represents a profit in excess of £59m for Leicester, who signed Mahrez from Le Havre for £400,000 in 2014.

Find all the latest football transfers on our dedicated page.

'He beats defenders' - what do Manchester City get for £60m?

Mahrez scored 48 Leicester goals, with 39 of them coming in the Premier League

Only four players created more goals than Mahrez in the Premier League last season

Manchester City director of football Txiki Begiristain said: "Riyad is a hugely talented player. He beats defenders and creates space.

"Over the past few years, he has established himself as one of the Premier League's most exciting players. We're sure he will bring additional attacking quality to our squad."

Mahrez in numbers

In his four seasons at Leicester, Mahrez created 27 goals.

Only Tottenham's Christian Eriksen (214) and Crystal Palace's Wilfried Zaha (234) attempted more dribbles than his 176 last season.

Since Mahrez made his Premier League debut in 2014, only eight players - Eden Hazard, Diego Costa, Eriksen, Jamie Vardy, Alexis Sanchez, Romelu Lukaku, Sergio Aguero and Harry Kane - have been involved in more goals.

Mahrez met manager Pep Guardiola at Manchester City's training ground on Tuesday

Find all the latest football transfers on our dedicated page.