Arsenal has submitted a substantial offer of £105 million to West Ham United for their captain, Declan Rice. The Gunners’ improved bid consists of £100 million in guaranteed cash and an additional £5 million in add-ons. This offer surpasses West Ham’s own valuation of £100 million for the talented English star.
Previously, Manchester City had made an initial offer to West Ham for Rice, which included £80 million in guaranteed cash and an additional £10 million in add-ons. However, the Hammers officially rejected that proposal on Tuesday.
With Arsenal now meeting West Ham’s valuation, the structure of the deal becomes crucial in determining whether the offer will be accepted. West Ham prefers the guaranteed portion of the fee to be paid by the beginning of 2025, while Arsenal has proposed spreading the payments over five years.
After having two previous bids turned down, Arsenal has informed West Ham that they will present an improved formal bid, signaling their intent. The specific details of the deal’s structure remain important in reaching an agreement. West Ham desires the guaranteed part of the fee to be paid by the start of 2025, while Arsenal has thus far suggested a payment plan spanning five years.
While Manchester United has also shown interest in Rice, they are considered outsiders in the pursuit. United would prefer to include fringe players such as Harry Maguire and Scott McTominay in a potential deal, but West Ham’s head coach, David Moyes, has shown interest in such players.
Since his debut at the age of 18 in 2017, the 24-year-old Rice has become a beloved figure at West Ham, accumulating 245 appearances and scoring 15 goals for the club.