Breaking: Arsenal Close to Agreeing Deal With £105m World Class Player
According to a report by Football London on Tuesday October 20, 2026, Arsenal are reportedly nearing an agreement with Declan Rice over a new long-term contract, with negotiations entering their final stages as the club looks to secure the midfielder’s future.
According to Fabrizio Romano, discussions are progressing positively, with the salary, contract duration and remaining details close to being settled. Arsenal are increasingly confident that Rice will commit his future to the club.
Rice is considered a vital figure within the squad, earning the admiration of his teammates and the club’s hierarchy. The Gunners view him as a central part of their long-term plans and are eager to complete the agreement soon.
BBC journalist Sami Mokbel previously reported that Rice was close to signing a new deal, with negotiations having begun in March. The discussions have advanced considerably, raising expectations that an announcement could follow once the final terms are agreed.
Under the proposed agreement, Rice is expected to receive a substantial pay rise from his current £240,000 weekly salary. Mokbel reported that his new wages could reach approximately £350,000 per week, reflecting his importance to Mikel Arteta’s side.
Romano also indicated in September that the midfielder’s contract extension was close to completion. Rice’s existing agreement runs until 2028, giving Arsenal an incentive to secure his future well before he enters the final year of his contract.
The England international made 55 appearances last season as Arsenal won the Premier League and reached the finals of both the League Cup and Champions League. His consistent contributions have reinforced his status as one of the team’s most important players.
Rice has featured in 10 matches, making nine starts, during Arsenal’s opening 11 games of the current campaign. His continued involvement across competitions highlights the role he plays in Arteta’s plans.
With negotiations reportedly approaching completion, Arsenal are hopeful Rice will put pen to paper soon. Securing the extension would represent a significant step in retaining a key member of their title-winning squad and maintaining stability for the future.
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