Arsene Wenger's summer transfer window went from bad to downright awful on Wednesday evening.
By rejecting the Gunners, he followed in the footsteps of teammate Jamie Vardy, who also opted to stay the King Power Stadium earlier this summer.
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That two Leicester players have now turned down a move to the Emirates Stadium just goes to show how they no longer possess the pulling power of old.
Indeed, Wenger's woes will be hit a new low should his side lose to Mahrez and co. on Saturday afternoon.
But what does the Frenchman have to say about all this?
Well, ahead of Arsenal's clash with Leicester, Wenger was asked for his take on the attacking duo rejecting his advances and he duly responded - and rather flippantly at that.
Regarding Vardy's decision to turn down a move, per the Mirror, he said: "You should ask him that question. I cannot answer for him."
"You have to respect decisions of people.
"That’s part of it. In every transfer market you have one or two with decisions to make and you have to respect them.
"Look at the whole market. Very little happens. It’s about the availability of players. Huge amounts can be spent on average players.
And on Mahrez: "I don’t want to speak individually about players.
"He has been outstanding if you look at his numbers. He was top three in terms of goals and assists. He had the best combination in the league."
Time is running out for Wenger to reinforce his squad but the 66-year-old still plans to spend big before the transfer window shuts.
"Before you pay over the odds you have to be convinced by the player," he added. "Can he strengthen your squad?
"Then you must have the money available to pay, because we already invested at a very high price. And we will do so again.
“We work very hard and I cannot tell you much more. What I fight against is to tell the only way is to buy. It is right when you buy. We are not scared to spend the money. It is about the quality."
Actions speak louder than words, Arsene - get it done.