Leicester City winger Riyad Mahrez will not become the latest star player to leave the King Power Stadium after committing his future to the Premier League champions, according to manager Claudio Ranieri. The Algeria international has been linked with moves to both Arsenal and Chelsea this summer but both clubs are set to be disappointed in their pursuit of the PFA Players' Player of the Year.

Mahrez scored 17 goals and made 11 assists for the Foxes as they swept aside all before them to storm to their first ever league title in a dramatic campaign last term. However, Ranieri's squad threatens to be broken up this summer with several players becoming subject to interest from the division's biggest clubs.

The Daily Express reported in June that Arsenal had submitted an offer of £25m for Mahrez, while the same publication has claimed that Chelsea are plotting an offer of £32m for the wideman. But speaking after the 2-1 friendly win over Oxford United, Ranieri says Mahrez will not become the latest high-profile exit departure.

"Everyone here is happy and then it is finished," he told Sky Sports after the victory at the Kassam Stadium. "Yes [Mahrez has spoken to me about is future], he wants to stay. We wanted to keep everybody but Kante was good, so good luck to him. We want to keep him, but he wanted to go. I don't want unhappy players."

Chelsea have already acquired one of Leicester's title-winning squad in the form of N'Golo Kante. Arsenal were less successful in signing one of the club's key players after failing to land top scorer Jamie Vardy – who netted 24 goals last term in the Premier League.

Both Arsenal and Chelsea have made two signings this summer. Arsene Wenger has brought Granit Xhaka and Takuma Asano to north London, while the first two additions of Antonio Conte's reign has seen Kante joined Belgium international Michy Batshuayi.

One man who is set to leave Leicester this summer is Ranieri's assistant and chief scout Steve Walsh. BBC Sport understand Walsh will join Everton in order to be closer to his family and could become the sporting director at Goodison Park above new manager Ronald Koeman. "At this moment I was so focused on the match, then I spoke with my sporting director to know what happened," Ranieri added. "Yes [it will be a big loss] but let me speak with my sporting director."