Manchester City Transfer News Update: West Ham reject City’s £90m bid for Declan Rice

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Manchester City Transfer News Update: West Ham is still holding out for a £100m valuation for Rice, despite the midfielder having just a year left on his contract

After Manchester City’s sizable offer of £90 million ($115 million) was rejected by West Ham, Arsenal has emerged as a serious competitor in the chase for midfielder Declan Rice. Since Ilkay Gundogan left Manchester City, they have become more aggressive in their pursuit of the gifted England international.

According to reports from The Telegraph, Manchester City’s bid matched the highest offer made by Arsenal, which consisted of £80 million in guaranteed payments and an additional £10 million in add-ons. West Ham who are not under any imminent pressure to sell, are remaining steadfast in their estimation of Rice’s worth at £100 million ($127m).

As talks have reached a standstill, Arsenal is anticipated to make a counter offer in the upcoming days in an effort to satisfy West Ham’s demands and land the much desired midfielder. For the forthcoming season, the Gunners are eager to bolster their roster, and they are desperate to sign Rice as a crucial midfield addition.

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For Manchester City, the competition for Rice’s signature suddenly raises an intriguing conundrum. It remains to be seen if the Premier League winners would be willing to equal or exceed that sum in order to obtain the services of Declan Rice after breaking their club-record transfer fee to sign Jack Grealish in 2021.

Manchester City transfer news update
Manchester City transfer news update: City purchased Grealish for a club record fee in 2021

While maintaining their assessment, West Ham will attentively monitor the situation, while Arsenal is expected to intensify their chase. On the other side, Manchester City will have to balance the value of acquiring a player of Rice’s level against the costs of a possible record-breaking transfer fee.

READ ALSO: Manchester City Transfer News Update: City reject two players from PSG for Bernardo Silva

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