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.
The Rice bids rejected so far…
- Arsenal’s first offer – June 15: £80m plus add-ons
- Arsenal’s second offer – June 20: £90m (£75m plus £15m in add-ons)
- Man City’s first offer – June 26: £90m (£80m plus £10m in add-ons)
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.
So will West Ham accept Arsenal’s latest offer?
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.
Rice ready to leave West Ham
Rice will leave West Ham in the close season after he captained the club to their first European trophy in 58 years.
Hammers chairman David Sullivan said a gentleman’s agreement means Rice can leave despite a year remaining on his contract, with the option to extend it by a further 12 months.
Rice joined West Ham’s academy from Chelsea as a teenager and has been ever-present since his breakthrough season in 2017-18. He took over the captaincy after Mark Noble’s retirement last year.
The 24-year-old played 50 games in all competitions last season as West Ham finished 14th in the Premier League, before winning the Europa Conference League in Prague.
Rice has played more than 200 games for West Ham and also earned 41 caps for England since his international debut in 2019.