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Declan Rice: Arsenal makes Record bid of £105m for West Ham Midfielder
- Updated: June 28, 2023
Manchester City’s £90m bid for Declan Rice was turned down by West Ham; Arsenal remain firmly in the hunt for the midfielder after two club-record bids were rejected; West Ham’s valuation of Rice remains £120m, but it is understood the club would accept £100m plus a player.
The deal breaks down as a £100m initial fee, plus £5m in performance-related add-ons.
The offer smashes Arsenal’s transfer record – the £72m they paid Lille for Nicolas Pepe in 2019.
Rice has been Arsenal’s primary target this summer and the player’s preferred destination is the Gunners.
Sky Sports News reported on Monday night that Premier League champions Manchester City had offered £80m up front, plus £10m in add-ons for the England midfielder, but the bid is short of West Ham’s valuation.
Arsenal had a club-record £90m bid – comprising a £75m fee and £15m in add-ons – turned down by their London rivals earlier this month after their opening offer, thought to be worth £80m plus add-ons was also rejected.
West Ham’s valuation of Rice remains £120m, but it is understood the club would accept £100m plus a player.
Sky Sports News has been told Arsenal will have to negotiate the structure of their new record-breaking offer for Rice.
It’s thought West Ham United want the guaranteed fee paid up in a shorter time frame.
The total amount – £105m – is not expected to be an issue.