By Fraser Fletcher, Transfer Correspondent

7th Jun, 2023 | 9:14am

Revealed: Declan Rice 'agrees' terms with Arsenal - sources

West Ham captain Declan Rice has verbally agreed personal terms with Arsenal ahead of a potential summer move, sources have told Football Insider.

However, a fee for the 24-year-old is yet to be agreed by the two clubs.

A well-placed source has told Football Insider that the situation remains changeable, but Rice has said “yes” to the Arsenal project and the club’s proposal – and wants to remain in London.

It is believed West Ham are holding out for a fee of £100million, while Arsenal want to pay around £80-85million for the England international.

Long-time admirers Man United are waiting in the wings to swoop in if fee can’t be agreed – while German giants Bayern Munich have also been credited with an interest.

Football Insider revealed on 4 June that the Red Devils are believed to be willing to come closer to the West Ham valuation, which adds an extra layer to Arsenal’s negotiations.

Rice is out of contract at the London Stadium next year (2024) – although the Irons have the option to extend his stay a further 12 months.

He has been a virtual ever-present for David Moyes’s side in the 2022-23 campaign – notching five goals and four assists across 49 appearances in all competitions.

The former Chelsea youngster can win the first trophy of his career on Wednesday night (7 June) when West Ham face Fiorentina in the Europa Conference League final.

Arsenal will play Champions League football in the 2023-24 campaign after finishing second in the Premier League.

Rice is set to replace long-serving midfielder Granit Xhaka at the Emirates Stadium – with the Switzerland international reportedly set to join Bayer Leverkusen.

In other news, giants set to make official move for Arsenal star.