Done deal at last – Fabrizio confirms Declan Rice will do Arsenal’s medical on Friday

Admin Pat

3 years ago

Arsenal’s payment structure for Rice deal has been revealed

Arsenal’s payment structure for the signing of Declan Rice from West Ham United has been revealed. The Gunners will pay an upfront fee of £100 million ($127 million) to secure the services of the England midfielder, with an additional £5 million ($6.4 million) in potential add-ons, according to reports.

The payment terms stipulate that Arsenal will have until the summer of 2025 to complete the payment of the full transfer fee. The amount will be paid in three instalments over the next 24 months.

Declan Rice to Arsenal, here we go! Deal in place between Arsenal & West Ham and Gunners sign their top target. 🚨🔴⚪️ #AFC

£100m plus £5m add ons. It’s the most expensive signing ever for Arsenal and most expensive English player ever.

Arteta & Edu, crucial to make it happen. pic.twitter.com/w0OApXoTwD

— Fabrizio Romano (@FabrizioRomano) July 4, 2023

This arrangement allows Arsenal to spread out the financial burden of the transfer. West Ham initially sought to receive the majority of the fee by next summer, but a compromise was reached between the two clubs.

If the deal goes through at this price, the Englishman would become the most expensive English player in history. His arrival will further strengthen Arsenal’s midfield, which already includes players like Jorginho, Thomas Partey, Martin Odegaard, and new signing Kai Havertz. Jurrien Timber is also expected to join Rice and Havertz at the Emirates Stadium this summer.

🚨 Confirmation from @TalkSport: Declan Rice will undergo his Arsenal medicals this Friday. 🏴󠁧󠁢󠁥󠁮󠁧󠁿 pic.twitter.com/JOPGIz4pYE

— Eduardo Hagn (@EduardoHagn) July 5, 2023