Izuchukwu OkosiArsenal and West Ham United have finally found a resolution on Declan Rice’s proposed for £105m transfer.
The two clubs have been locked in negotiations over the structure of Arsenal’s bid, which was broadly agreed when the Premier League runners-up agreed to pay West Ham £100m in guaranteed money plus £5m in performance related add-ons.
Join our WhatsApp ChannelThe 24-year-old’s move will break the British transfer record set by Jack Grealish’s switch to Manchester City in 2021, with the money set to provide the Conference League winners with a hefty budget this summer.
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The latest agreement means that Arsenal will pay the vast majority of the fee to West Ham in three separate instalments over the course of a 24-month period – something majority owner David Sullivan has been pushing since the Hammers started receiving bids.
Rice is expected to undergo a medical on Friday before putting pen to paper on a long-term contract which is expected to make him one of Arsenal’s highest-paid players.
Manchester City was also interested in the player but backed out of the deal when Arsenal upped their offer for the England international.
Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.
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