Huge roar. Big brass fanfare. Kick-off is upon us. 

A reminder of the teams:

Leicester XI: Schmeichel; Simpson, Huth, Morgan, Fuchs; Mahrez, Drinkwater, Mendy, Albrighton; Okazaki, Vardy  

Arsenal XI: Cech, Bellerin, Holding, Koscielny, Monreal, Xhaka, Coquelin, Walcott, Cazorla, Oxlade-Chamberlain, Sanchez

Phil McNulty
BBC Sport chief football writer at The King Power Stadium

Leicester City's former player and now club ambassador Alan Birchenall is, as usual, revving things up with his pre-match announcements here at The King Power Stadium.

Never one to keep the volume down, Birchenall has just warned Leicester City's fans: "They're all after our scalps this season."

A blast on the old hunting horn and we're off.

This is quite the homecoming for the Premier League champions. 

Flags waving, silver banners shimmering, bass pumping. Here we go.

Image source, Reuters

There's still just enough time to get your predictions in by the way - head over here to test your knowledge of the future in our Premier League Predictor game.

Image source, .

Nessun Dorma is belting out over the airwaves at the King Power Stadium. Still a big party mood round these parts. They've even got cheerleaders. Is that new?

Italian opera is smoothly followed by:

We know what we are, we know what we are... Champions of England, we know what we are...

Image source, PA

Phil McNulty
BBC Sport chief football writer at The King Power Stadium

The Premier League champions return home to The King Power Stadium today as Leicester City face last season's runners-up Arsenal in a game which has already assumed importance.

Leicester City lost at newly-promoted Hull City last week while the usual August buzz of discontent surrounds Arsenal manager Arsene Wenger after they lost 4-3 at home to Liverpool.

Wenger's transfer market activity, or lack of, is being questioned and one of his targets will be in front of his eyes today in Jamie Vardy, who rejected a summer move to the Gunners.

Great atmosphere, as ever, at The King Power Stadium, home of the Premier League champions.

Image source, PA

Mark Lawrenson
Former Republic of Ireland defender on Football Focus

Is Nigel Pearson hurt by what happened at Leicester? Would you expect it not to hurt? His former team, a side he largely assembled, went on to win the league last season - and it was the greatest story in Premier League history.

Former Leicester manager Nigel Pearson, now in charge at Derby, gave a frank interview to Football Focus earlier today, in which he talked about his feelings after the Foxes won the Premier League last season.

Pearson, sacked in 2015, said he felt proud but detached as the Foxes won the title for the first time in their 132-year history.

"They've gone on and achieved something that really, in the modern game, is impossible," he said.

"I'm delighted for the players and the staff there."

However, he added: "I felt pride - but I was very detached, actually."

As ever, your comments and thoughts are always welcome - get in touch on the usual channels - #bbcfootball , externalon Twitter, or 81111 on text (UK only). 

The Leicester lot - fancy your chances today?

Arsenal fans - who do you want to sign?

Leicester boss Claudio Ranieri makes four changes to the side that lost 2-1 at Hull on the opening day. 

Robert Huth returns from suspension to replace Lucas Hernandez, Nampalys Mendy is in for Andy King, Shinji Okazaki takes Demarai Gray's place and Marc Albrighton comes in for Ahmed Musa.

Leicester XI: Schmeichel; Simpson, Huth, Morgan, Fuchs; Mahrez, Drinkwater, Mendy, Albrighton; Okazaki, Vardy.

Subs: Hernandez, Musa, King, Amartey, Zieler, Gray, Ulloa.

Image source, .

Arsene Wenger also makes four changes.

Laurent Koscielny missed the 4-3 defeat at home to Liverpool but is back in for Calum Chambers, there is a first start for Granit Xhaka who replaces Mohamed Elneny, Santi Cazorla comes in for the injured Aaron Ramsey and Alex Oxlade-Chamberlain for Alex Iwobi, also injured.

Arsenal XI: Cech, Bellerin, Holding, Koscielny, Monreal, Xhaka, Coquelin, Walcott, Cazorla, Oxlade-Chamberlain, Sanchez

Subs: Ospina, Gibbs, Wilshere, Giroud, Ozil, Chambers, Elneny

Image source, .

I certainly don't want to jinx anything, but I've got a feeling this could be a cracker. 

Stay tuned for team news.

In my dream last night I was rearranging stuff in the fridge. I made extra room for a second milk carton, which is apparently just how my subconscious rolls. Quite damning really.

Claudio Ranieri on the other hand, you'd imagine he'd be a different story. There's rarely a dull moment when he's awake, let alone left at large in the land of nod.   

Image source, Getty Images

But the Italian will be snoozing far less soundly after last week's defeat by Hull. And what is there to dream of with Leicester Premier League champions? Winning it again? The Champions League?.. 

Image source, Getty Images

There's every chance Arsene Wenger's been turning in his sleep too.     

The 4-3 home defeat by Liverpool, the fans calling for him to go, the sense that - with his contract up for renewal - this could be his final season at Arsenal after 20 years... 

That's a lot to dwell on before turning the lights out.