The international broadcaster goes further, declaring the Algeria international is on Merseyside undertaking a medical ahead of a £50m deal.
However, the Reds are by no means certain to land the former Footballer of the Year with Arsenal keen on the mercurial attacker.
The Gunners face losing Alexis Sanchez, 29, to Manchester City, but have made it clear that they will not sell the Chile international without a replacement being signed in January. Mahrez is the player they have identified as fulfilling that role. A fee of £25m is thought to have been agreed with the Premier League leaders for the Chilean.
It’s not the first time the north London club has been linked with the Algerian. They were favourites to sign him eighteen months ago but their interest diminished when he declared his intention to stay at the King Power Stadium.
Last summer, Mahrez seemed to be on his way to Roma but the Serie A club could not reach an agreement over the fee with Leicester.
Now, with Liverpool swimming in cash following the sale of Philippe Coutinho, 25, to Barcelona for £142m, the Foxes £50m valuation of Mahrez is set to be met.