In a major transfer development, Arsenal have reached an agreement to secure the services of West Ham United captain Declan Rice.
After a compromise on the payment structure, valued at £105 million, was finalized on Tuesday night, the deal is now set to proceed. Arsenal will pay an initial sum of £100 million over a two-year period, marking a significant investment for the club.
Rice is expected to undergo a medical examination this week and, upon completion, will sign a long-term contract with the Gunners.
The transfer will shatter Arsenal's current club transfer record, which was set in 2019 when they signed Nicolas Pepe from Lille for £72 million.
Additionally, the move will represent the highest transfer fee ever paid between two British clubs, falling just short of the British transfer record set by Chelsea's £106.8 million acquisition of midfielder Enzo Fernandez in January of this year.
Rice's departure from West Ham will bring an end to his remarkable decade-long journey with the club. Having progressed from the youth team to becoming the club captain, Rice has made a total of 245 appearances since his first-team debut in 2017.
His final match for West Ham culminated in a historic triumph as he led the team to victory in the Europa Conference League final, securing the club's first trophy in 47 years.
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