West Ham reject Arsenal's club-record £90m bid for Rice

Arsenal have had their second bid for Declan Rice worth £90m rejected by West Ham.

The fee, which would have been a club-record for Arsenal, was understood to be £75m guaranteed plus £15m in add-ons, surpassing the £72m paid to Lille for Nicolas Pepe in 2019.

Arsenal proposed to pay the initial fee over four years and the add-ons, if successfully met, over five years.

That falls some way short of West Ham's £120m valuation though the east London club are open to sell for less if a player is included in the deal.

The Gunners had initially offered £80m plus add-ons - which would have been paid in slow instalments with a lot of tough contingencies attached to it.