NPL Sports 6th January : The Algerian has been touted as a potential replacement for Barcelona target Philippe Coutinho according to the DailyStar news.
The Reds have also been monitoring Monaco winger Thomas Lemar, however the Frenchman would prove more costly and has several clubs vying for his signature.
L’Equipe report that Liverpool have made first contact with The Foxes in an effort to secure the signing of Mahrez this month.
Jurgen Klopp is desperate to add to his squad and has already brought in record-signing Virgil van Dijk, who scored the winner on his debut against Everton on Friday.
Leicester boss Claude Puel has no desires to lose Mahrez, but the board have promised the 26-year-old he can leave the club if his asking price is met.
He’s been in stunning form since the French boss replaced Craig Shakespeare, scoring four goals and providing three assists in his last seven games.
Klopp is keen to add him to his devastating forward line alongside Mohamed Salah, Sadio Mane and Roberto Firmino.
They’re back in action next Sunday as they host runaway leaders Manchester City.
Leicester are enjoying a resurgence under Puel and find themselves eighth in the table. They visit Fleetwood in the FA Cup this afternoon.