The paper attributes the stunning news to according to Algerian media, citing a claim by news outlet Le Buteur that the 25-year-old winger will join the Gunners in a £37m deal.
The Leicester winger was recently linked with a move to Chelsea but the Sun says that is hogwash and stresses that Mahrez has "agreed terms" with Arsenal and all that remains is for the north London club to shake hands with the Foxes on the transfer fee.
The Algerian winger was named FA Player of the Year last season and Leicester gaffer Claudio Ranieri has made no secret of his wish to keep the wideman. On the plus side, however, the Sun points out that £37m isn't a bad mark-up on a player who cost Leicester £400,000 when they signed him from Le Havre in 2014.
And there could be more good news on the transfer front for Arsenal's long-suffering fans with Metro reporting that Zinedine Zidane has hinted that "Jese Rodriguez could be set for a move away from Real Madrid".
The Spanish frontman is rumoured to be unhappy at his lack of first-team football at the Bernabeu and Arsenal are said to monitoring the situation. Asked about Rodriguez's future, Zidane hardly made a case for keeping him, saying: "If he wants to leave to play more, I don't know... Everyone's here, that's all I can say now."
Liverpool are also said to be interested in the 23-year-old but Arsenal's ability to offer Rodriguez Champions League football could prove crucial in any bidding war.
The Gunners may have found the solution to their defensive concerns following the long-term injury to Per Mertesacker. The blocker in question is Shkodran Mustafi, the 24-year-old Germany international currently with Valencia. The Indy claims that "Arsenal were offered Mustafi" by the Spanish club earlier in the summer but Arsene Wenger was put off by the £21m price tag.
But with Mertesacker out until Christmas with a knee injury the tight-fisted Frenchman is "considering going back in for him".
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