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West Ham have NOT accepted Arsenal's huge £105m offer for Declan Rice... with negotiations continuing over the payment structure of the British record deal

Related Topics: West Ham United, Declan Rice, Arsenal

West Ham have not immediately accepted Arsenal's mega £105million formal offer for Declan Rice.

The Gunners last night tabled a huge third bid for their No 1 target, comprising of £100million in guaranteed cash plus an extra £5million in bonuses.

However, the offer has not been accepted with well-placed sources indicating that negotiations are continuing, mainly over the structure of the deal.

As Mail Sport revealed earlier this month, the Hammers want the guaranteed portion of the fee paid by the start of 2025, preferably in two instalments.