Liverpool and Arsenal target Leicester City star Riyad Mahrez

Bengaluru, August 23: Premier League giants Arsenal and Liverpool are both monitoring Algerian wizard Riyad Mahrez's situation at Leicester City, after Serie A giants Roma failed in a third bid to prise the attacker away from King Power.

Leicester have proven they can be stubborn negotiators with the club reluctant to accept Roma's advances but reports claim that now Liverpool and Arsenal are willing to enter the scene.

According to the Daily Star, Roma had a bid of £32million rejected for the Algerian, so an offer from either Arsenal or Liverpool must exceed that amount.

Despite Mahrez putting in a formal transfer request earlier this year, Leicester's second in command Michael Appleton has said the player's attitude has not changed at all:

"He's come in and he's got on with it. The players have already mentioned he's worked hard in training. I've not seen a lot of the stuff that you read about him, but from my point of view, I think he's been first class."

Arsenal boss Arsene Wenger has been frustrated so far this summer in the pursuit of AS Monaco attacker Thomas Lemar, and sees Mahrez as an alternative to the Frenchman.

The Gunners boss has also reportedly identified Mahrez as possible replacement for wantaway attacker Alexis Sanchez who could still move on before the transfer window closes at the end of the month.

Liverpool face a similar situation with Philippe Coutinho determined to leave the club for Barcelona and Mahrez could certainly be a great replacement for the Brazilian. He is accustomed to life in the Premier League and has also helped Leicester City win the league title in 2015-16.

Having already signed a wide player in Egyptian international Mohamed Salah, a move for Mahrez would likely see the Algerian attacker play in a more central role at Anfield where he could certainly excel under Jurgen Klopp.