France Football report that despite Championship side Leicester City being confident of signing Riyad Mahrez this morning, that the deal has fallen through at the very last minute after Ligue 2 side Le Havre were unable to agree an acceptable transfer fee with the English club.
The player is currently on his way back to France, having been in Leicester ready to sign a contract with the club, something that he had agreed to do several days previous.
The inside story is unclear in terms of what exactly went wrong with the fee negotiations but Le Havre wanted several bonuses which Leicester were unwilling to agree. Whether or not Le Havre made these demands after the initial agreement was struck remains to be seen. Barring an extraordinary turnaround, Mahrez will not be signing for Leicester.