The midfielder has been linked with a move away from Leicester this summer.
Leicester will be fully aware of the challenges that face them, with Champions League, the Premier League and cup competitions all to negotiate this time around.
If they are to meet these demands, it is vital that the Foxes keep hold of their star players. The club's leading goal-scorer Jamie Vardy has already committed his long term future by signing a new contract.
However, this summer has seen N'Golo Kante move to Chelsea and the future of Riyad Mahrez at the club also seems uncertain after it emerged today in the Independent that Arsenal have had a £30 million bid for the player rejected.
Claudio Ranieri must try and do everything he can to convince Mahrez to stay, even though it will be extremely difficult if the Gunners return with an improved offer for the PFA Player of the Year.
Ranieri has hit back at reports by claiming that Mahrez wants to stay at the Premier League champions and his impact cannot be overestimated. Mahrez scored 17 Premier League goals last year and his performances helped inspire the Foxes to win the title.
Keeping hold of Mahrez will be key to Leicester's success in what can only be described as one of most competitive seasons yet.
Chelsea, Manchester City, Manchester United, Arsenal and Liverpool are just some of the clubs challenging for the title this year and if Leicester want to repeat their heroics they will need Mahrez in their ranks.