Arsenal have had an opening offer of £80m for Declan Rice turned down by West Ham, who anticipate Manchester City entering the bidding for the midfielder.
West Ham want £100m for Rice and the expectation at the start of the week was that Arsenal would meet the asking price by including various add-ons.
Initial talks had progressed well and there was confidence the transfer would not turn into a saga. However Arsenal’s first proposal has fallen well below West Ham’s valuation.
The north London club hope to spread the cost over a long period and looked to include add-ons that were seen as difficult to achieve.
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