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Arsenal 'pull OUT of the race to sign Moises Caicedo' amid Chelsea and Man United interest in £80m-rated Brighton midfielder... as West Ham hold out for £100m for Declan Rice

Arsenal have ended their pursuit of Brighton midfielder Moises Caicedo, according to reports.

The Gunners, who finished second in the Premier League last season behind Manchester City, were keen on the £80million-rated Caicedo to bolster their midfield at the start of the summer.

But the club are also targeting the signing of West Ham midfielder Declan Rice, who is valued at around £100m by David Moyes' side.

On Thursday, the Hammers rejected Arsenal's lowball offer of £80m plus add-ons for their top target, meaning Mikel Arteta and Co will likely have to stump up more cash to secure his signature.