Declan Rice transfer news updates, reports and rumours with Arsenal, Man United chasing West Ham captain

Declan Rice will be a wanted man in the summer as both Arsenal and Manchester United look to sign the midfielder.

The West Ham captain looks to have played his last game for West Ham after guiding the Hammers to victory over Fiorentina in the Europa Conference League.

Rice is a vital part of the West Ham setup, having played every single minute in the Premier League campaign. He also has become an integral figure in Gareth Southgate's England lineup, scoring in the last international break against Italy.

The midfielder seems to be ready to fight for a league title next season, but which club will secure his signature?

Declan Rice to Arsenal and Man United: Latest news, rumours

Following West Ham's historic win in Prague to lift a European trophy, chairman David Sullivan confirmed Rice would be sold in the summer.

When asked by talkSPORT if he'd played his last game, he said: "I think it has to be.

"We promised him he could go. He set his heart on going.

"You can't ask for a man who has committed more to us this season.

"In due course, he has to get on and we have to get a replacement - or several replacements.

"It's not something we want to happen. We offered him £200,000-a-week 18 months ago. He turned it down.

"It's cost him £10million to stay at West Ham in that time (in lost wages). And he wants to go.

"You can't keep a player who doesn't want to be there."

Despite links to Chelsea in previous seasons due to his connection with the club, Arsenal have emerged as favourites to sign Rice. 

The Gunners reached out to West Ham with an initial offer, with reports from the Daily Mail claiming their £80m/$102m bid was immediately rejected, as the Hammers push for a higher fee.

Arsenal have responded to West Ham's stance, with a second bid of £90m/$105m, as part of a structured deal for the 24-year-old.

As per The Athletic's David Ornstein, the package included an upfront £75m/$87m payment, with the remaining £15m/$18m paid in performance related clauses.

Despite their latest frustration, the report claims Arsenal are getting closer to the price West Ham want, which could reach £100m/$127m overall.

Reports from The Guardian suggest Rice is still on United's radar, as Erik ten Hag looks for a midfield partner for Casemiro, with Manchester City also monitoring Rice as a possible replacement for Ilkay Gundogan.

How much would Declan Rice cost?

The valuation of young English players in the Premier League has been high over the last few windows. Jack Grealish moved to Man City for £100 million in 2021, Ben White moved to the Gunners for £50m, and Morgan Gibbs-White cost Nottingham Forest £42.5m.

West Ham manager David Moyes said he expects Rice to break the British transfer record whenever he leaves the Hammers. The club will allow him to leave for £120m if they receive an offer from a Champions League team and Moyes' position is further strengthened by the Europa League qualification, after winning the 2022/23 Europa Conference League.

West Ham will allow Declan Rice to leave this summer if they receive an offer worth £120m from a Champions League club.

— Sky Sports News (@SkySportsNews) May 9, 2023

According to CIES Football Observatory, who analyse the football market, Rice is valued at close to £70m/$87m. It is unlikely that West Ham would settle for that fee due to the nature of recent signings by the 'big' clubs in the country.

Declan Rice wages, salary, contract

Spotrac reports that Rice earns £60,000 per week after signing a five-year contract, with a further one year option, with West Ham back in the 2018/19 season.

This means that Rice currently earns over £3 million as an annual salary with the London club. The 24-year-old reportedly turned down an eight year contract last year that would have been worth £83m. 

Rice's contract runs out at the end of next season, but West Ham could extend it until 2025. Usually a player entering the final year of their contract would see their value decrease, but the Hammers are unlikely to go lower than £85m due to the potential of the player.

Do Arsenal need Declan Rice?

A problem for Arsenal in recent seasons has been their lack of depth in midfield, especially in the more defensive area. 

Thomas Partey has struggled with injuries since joining Arsenal back in 2020. He only missed seven matches in five seasons at Atletico Madrid, but has been sidelined 37 times due to injury for the Gunners. Mohamed Elneny has missed 34 games this season alone because of a thigh problem followed by a long-term knee injury.

Rice has played every single minute in the Premier League this season for West Ham, just one of three outfield players to do so in the league. He has only been absent for 12 league games in the last five seasons.

Partey has also struggled for form in recent games for Mikel Arteta's side. They have fallen behind in the title race after dropping points against Liverpool, West Ham, Southampton and Man City. Jorginho replaced Partey in the Gunners' 3-1 win over Chelsea, which was their first victory since April 1.

Rice can also play in multiple midfield positions, something that Arteta would appreciate. He can play the positions currently occupied by Partey and Granit Xhaka, as well as further up the pitch if needed.

Premier League 2023/24 TV channels, live streams

MORE: Watch every Premier League match in Canada on Fubo

UK: Matches are carried across Sky Sports and BT Sport streaming and TV platforms, with select matches on Amazon Prime.

USA: Select matches are televised on USA Network (English) and Telemundo or Universo (Spanish), and all three channels can be streamed on Fubo. The rest of the matches are streamed on NBC platform Peacock for subscribers.

Canada: Every Premier League game this season is live streaming exclusively via Fubo in Canada.

Australia: Fans in Australia can stream every match live and on demand on Optus Sport.

India: Star Sports network has the rights to show Premier League matches in India. As well as an English broadcast on Star Sports Select, select matches will be available via regional feeds on Star Sports 3 (in Bengali, English, Kannada, Malayalam), Star Sports 1 (Bangla) and Star Sports 1 (Tamil).