ARSENAL have finally agreed with West Ham on the payment terms for Declan Rice’s stunning £105m deal.
The Gunners are believed to have reached a compromise after intense negotiations and will pay the full £100m up front by 2025, along with the £5m in bonuses – a record fee between two British clubs.
That means they now have the green light to sign the Hammers’ skipper.
Personal terms were agreed verbally weeks ago and a doctor’s appointment is now being booked in the next 24 hours, with an official announcement expected this weekend.
Originally, Arsenal wanted part of the payment staggered over a longer period of time, while West Ham wanted the full amount within 18 months.
These minor payment difficulties were never perceived as a blunder, but the Hammers insisted on doing whatever it took to get the deal they wanted.
Both Arsenal manager Mikel Arteta and Rice were keen for this to be across the finish line as soon as possible.
Rice is already back from his holiday and aims to secure his move as soon as possible ahead of a packed pre-season at Arsenal in the US.
Arteta wants Rice fully integrated ahead of the opening game on July 20 against the MLS All-Stars.
Arsenal made their third offer for Rice last week after two previous offers were rejected, including the club’s record £75m plus £15m in surcharges at the time.
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Rivals Manchester City also had an offer of £80m plus £10m last week but surprisingly withdrew from the pursuit a day later.
Unwilling to top their own assessment of the player, City were reluctant to top the £100million they spent on Aston Villa’s Jack Grealish in August 2021.
Arsenal have already confirmed the signing of Chelsea’s Kai Havertz for £65million and are on the verge of also securing a deal of around £40million for Ajax defender Jurrien Timber.
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