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

According to a report by London Evening Standard on Tuesday October 20, 2026, rumor has it that Arsenal and Declan Rice are in the final stages of contract negotiations, and an agreement could be reached soon.

Salary, duration of contract, and other details are reportedly nearing completion in the midfielder’s contract talks, according to Fabrizio Romano. It is the hope of the Gunners that the England international will swiftly sign the new deal.

Since moving to the Emirates Stadium, Rice has established himself as a key member of Mikel Arteta’s team. The club has prioritized his long-term future due to his consistent performances, which have solidified his position as a crucial team member.

Sami Mokbel had earlier told the BBC that Rice was close to an agreement with Arsenal, so it’s safe to assume that talks have been going on since March. He supposedly wants better financial terms as a reward from the club.

Under the terms of his contract, which extends until 2028, Rice will continue to earn approximately £240,000 weekly. Nevertheless, his weekly salary could rise to about £350,000 if the extension is approved. This would put him in the company of Arsenal’s highest-paid players and reflect his significance to the club’s goals.

The midfielder had a fantastic season for Arsenal last year, appearing in 55 games as the Gunners won the Premier League and advanced to the League Cup and Champions League finals. The value he brought to the midfield and his versatility in making contributions were on full display in his performances.

Throughout this campaign, Rice has also remained an important figure. He has started nine of Arsenal’s eleven games thus far and has made ten total appearances. His consistent play demonstrates Arteta’s undying dependence on the midfielder.

According to Romano’s September report, the negotiations were getting close to a conclusion because an agreement was very close. The parties are expected to reach a conclusion soon, according to the most recent update.

Arsenal is hell-bent on keeping Rice on board for the foreseeable future. The club is still holding out hope that the midfielder will soon sign his revised contract as the big contractual issues are supposedly drawing to a close.

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