Arsenal Close to Agreeing Deal With £105m World Class Player

According to a report by Football London on Tuesday, October 20, 2026, Arsenal are closing in on a new long-term contract for Declan Rice, with negotiations reportedly reaching an advanced stage as the club seeks to secure the midfielder’s future.

Transfer journalist Fabrizio Romano has indicated that talks are progressing positively, with discussions over salary, contract length and other outstanding details nearing completion. Arsenal are increasingly optimistic about reaching an agreement with the England international.

Rice remains one of the most influential figures in Mikel Arteta’s squad, having established himself as a key player since arriving at the Emirates Stadium. His performances, leadership and consistency have made him central to Arsenal’s ambitions, prompting the club to prioritise extending his stay.

BBC journalist Sami Mokbel previously reported that Rice was nearing a new agreement, with negotiations having started in March. The discussions have since advanced, raising hopes that the remaining details can be resolved before an official announcement.

As part of the proposed deal, Rice is reportedly in line for a significant salary increase. Mokbel indicated that his weekly wages could rise from approximately £240,000 to £350,000, reflecting his importance to the Premier League champions.

Romano also suggested in September that the contract extension was approaching completion. Rice’s current deal runs until 2028, making an early renewal an important step for Arsenal as they look to avoid uncertainty over the midfielder’s long-term future.

The 27-year-old enjoyed an influential campaign last season, making 55 appearances as Arsenal secured the Premier League title and reached the finals of both the League Cup and Champions League. His performances across domestic and European competitions further underlined his value to the team.

Rice has continued to play a prominent role this season, featuring in 10 matches and starting nine during Arsenal’s opening 11 games. His regular involvement demonstrates the trust Arteta places in him as the Gunners pursue further success.

With negotiations reportedly nearing their conclusion, Arsenal will be eager to finalise the agreement as soon as possible. Securing Rice’s signature would provide a major boost to the club’s long-term planning and reinforce their commitment to retaining the core of their title-winning squad.

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