Declan Rice to Arsenal transfer latest: Final payment talks, West Ham stance, £105m timeline

West Ham United captain Declan Rice is wanted by both Arsenal and Manchester City during the summer transfer window

Arsenal are said to have agreed a £105 million deal in principle to sign West Ham United captain Declan Rice. The England international has his heart set on a move to the Emirates Stadium after playing his final game for the Hammers.

football.london reported in January that Rice is the Gunners’ primary target for the summer window, with Mikel Arteta keen to bolster his midfield options. The 24-year-old is now into the final year of his contract at the London Stadium, although the Hammers do have the option to extend his deal by a further 12 months if they wish.

The Gunners have submitted a club record transfer offer for Rice, football.london understands. Manchester City have now pulled out of the race to sign the 24-year-old after seeing a £90million bid turned down by the Hammers.

As speculation on Rice’s future continues, football.london has now rounded up everything you need to know about his future in east London below.

 

Rice transfer delay explained

Arsenal are hopeful of finalising a transfer for Declan Rice in the upcoming week after reaching a £105million verbal agreement with West Ham last Tuesday

According to the Mirror, most of the details have been sorted but the Hammers are now ‘haggling ‘over the timing of instalments’.

West Ham transfer hope

Declan Rice’s transfer to Arsenal could be finalised on Monday, according to the Sun.Their new report claims that West Ham are hopeful talks over payment terms will be completed in the next 48 hours for their captain’s £105million move to Emirates Stadium.

Deal structure rejected

West Ham have rejected Arsenal’s latest offer for Declan Rice over a difference in payment terms, according to a reports from The Sun. The Hammers have agreed a £105million deal in principal for the midfielder, but one of the current stumbling blocks remains the length at which the money is paid.

The report claims the “ball is in Arsenal’s court”, though it is believed that this slight issue shouldn’t derail the potential deal going ahead.

Arsenal agree deal in principle to sign Rice

Arsenal are on the verge of signing their No 1 target Declan Rice after agreeing a deal in principle with West Ham worth £105m, according to The Daily Mail. Having tabled their third offer, comprising of £100m in guaranteed cash plus a further £5m in bonuses, officials from both clubs were locked in advanced talks on Wednesday with a view to ironing out the finer details of the deal’s structure.

Arsenal’s offer proposed the guaranteed portion of the fee be paid over the course of four years. West Ham ideally want the cash paid in two instalments by the start of 2025. But the issue has been described as minor and not a point that will see the deal collapse, with both clubs now working towards reaching an agreement rather than haggling over the price.

Another significant development this morning arrived when West Ham received information that Rice wanted them to accept Arsenal’s £105m offer. Formally agreeing personal terms will not be an issue, with Rice to sign a long term contract worth at least £250,000-per-week.

Medical approved

Declan Rice has been given the green light to complete a medical with Arsenal ahead of a potential transfer this summer, reports TalkSPORT. The West Ham midfielder is said to be ready to make the move, with a deal in principle agreed at a club-record £105million, leaving minor details to be ironed out before a confirmation.