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The eye-watering sums behind Declan Rice’s record transfer to Arsenal
The eye-watering sums behind Declan Rice’s record transfer to Arsenal
Declan Rice has become the most expensive British footballer in history with his long-awaited transfer from West Ham to Arsenal finally being completed. Rice was dropped from Chelsea’s academy aged 14 but he was picked up by West Ham where his determination and dedication shone through. He made his senior debut for the Hammers aged 18 before establishing himself as a key player in the team. After the retirement of Mark Noble last year, Rice was his natural successor as club captain, and finished his West Ham career lifting the club’s first piece of silverware since the 1980 FA Cup when they won the 2022/23 Europa Conference League. Now, after years of speculation, the energetic midfielder – who is a cornerstone of Gareth Southgate’s England team which reached the European Championship final in 2021 and World Cup quarter-finals last year – will make the step up to a club playing Champions League football when he joins Mikel Arteta’s Gunners. Here is a closer look at the eye-watering numbers involved. A record sum Arsenal are paying £105m for Rice to make the five-mile switch from the London Stadium to the Emirates Stadium, surpassing the £100m Manchester City paid Aston Villa for their captain Jack Grealish and setting a new record for a British player. And it will be narrowly short of the most expensive signing by a Premier League team, after Chelsea paid £105.6m for Argentina’s World Cup winner Enzo Fernandez in January. City played their part here, though: they fought for Rice’s signature and the ensuing bidding war forced Arsenal to come up with a huge, unrejectable offer. Clearly Arteta had made Rice his top priority to lead another title challenge this season, and after falling short to Pep Guardiola’s City in the league, he wasn’t going to be beaten in the transfer market too. That £105m fee is an initial £100m with a further £5m of potential add-ons, depending on Arsenal’s success during Rice’s stay at the club. A giant pay rise Rice will be getting a chunky bump in salary too. He was paid only £60,000 per week at West Ham, a generous annual salary for most but a small paycheque compared to many of his England peers, like Tottenham’s Harry Kane (£200,000 per week), Manchester United’s Marcus Rashford (£200,000), Chelsea’s Raheem Sterling (£350,000) and Grealish (£300,000). Rice turned down a new contract reportedly worth around £100,000 per week to stay at West Ham and is now set to earn £250,000 per week at Arsenal. That will see him vastly increase his annual salary from around £3m to £13m, and that is before endorsements and other earnings. He will be Arsenal’s second-highest earner behind only Brazilian forward Gabriel Jesus (£265,000). Hourly rate Rice’s new £250,000-a-week salary works out at £36,000 per day, and £1,488 per hour. That’s not just during the working day but every hour round the clock, even when he’s asleep. And presumably, he sleeps well. Top earners For all Rice’s riches, he remains some way short of the best-paid Premier League stars. Manchester United’s Casemiro earns £350,000 per week, and even he is eclipsed by Manchester City’s star duo, Erling Haaland (£375,000) and top dog Kevin De Bruyne (£400,000). And yet De Bruyne seems thoroughly mistreated when you compare his pay packet to the three global superstars taking home far more. Kylian Mbappe is paid £1.6m per week by Paris Saint-Germain, while Cristiano Ronaldo and Lionel Messi both take home around £3.5m each week, at Inter Miami and Al-Nassr respectively. Rice has some catching up to do. Read More Declan Rice signs for Arsenal in record £105m transfer deal How Declan Rice’s move to Arsenal compares with other big-money transfers Kai Havertz, Declan Rice and Jurrien Timber – this is Mikel Arteta’s Arsenal now How Declan Rice’s move to Arsenal compares with other big-money transfers Declan Rice confirms ‘tough’ West Ham departure with Arsenal move imminent Declan Rice leaves West Ham for record fee with Arsenal move imminent
2023-07-15 20:48
Rice rises from Chelsea reject to England's most expensive player
Rice rises from Chelsea reject to England's most expensive player
Declan Rice capped a remarkable rise from the crushing disappointment of being released by boyhood heroes Chelsea as a teenager as he joined Arsenal from West Ham on Saturday for a fee...
2023-07-15 20:45
Declan Rice explains decision to join Arsenal
Declan Rice explains decision to join Arsenal
Declan Rice explains how Arsenal won the race for his signature.
2023-07-15 20:20
Pakistan hope to end year-long winless run against Sri Lanka
Pakistan hope to end year-long winless run against Sri Lanka
The last Test Pakistan won began a year ago on Sunday against Sri Lanka in Galle, and captain Babar Azam hopes to finally record another win in the match starting...
2023-07-15 19:55
Real Madrid confirm departure of defender on season-long La Liga loan
Real Madrid confirm departure of defender on season-long La Liga loan
Real Madrid have confirmed the departure of a defender on a season-long loan.
2023-07-15 19:51
Rice confirms Hammers exit as English record move to Arsenal looms
Rice confirms Hammers exit as English record move to Arsenal looms
Declan Rice said his desire to play at the "very highest level" lay behind his decision to leave West Ham for Arsenal in a transfer that is set to make him...
2023-07-15 19:48
Chelsea & Crystal Palace chasing Flamengo midfielder Matheus Franca
Chelsea & Crystal Palace chasing Flamengo midfielder Matheus Franca
Chelsea & Crystal Palace are both interested in signing Flamengo's Matheus Franca.
2023-07-15 19:24
Alcaraz v Djokovic in Wimbledon final: What they are saying
Alcaraz v Djokovic in Wimbledon final: What they are saying
Key quotes ahead of the Wimbledon men's singles final between Carlos Alcaraz and Novak...
2023-07-15 19:24
Carlos Alcaraz will face Novak Djokovic in a Wimbledon men's final for the ages
Carlos Alcaraz will face Novak Djokovic in a Wimbledon men's final for the ages
Novak Djokovic and Carlos Alcaraz will meet for the Wimbledon championship
2023-07-15 19:19
The biggest UEFA punishments for Financial Fair Play breaches
The biggest UEFA punishments for Financial Fair Play breaches
A list of the largest fines and biggest punishments UEFA have handed out to clubs for breaches of Financial Fair Play rules, with PSG and Manchester City chief culprits.
2023-07-15 19:15
Chinese divers make strong start at world championships
Chinese divers make strong start at world championships
China began their bid for another clean sweep in diving at the world championships in Japan on Saturday, winning all three of...
2023-07-15 18:56
Liverpool receive £40m offer for Fabinho from Al-Ittihad
Liverpool receive £40m offer for Fabinho from Al-Ittihad
Liverpool midfielder Fabinho has been left out of the squad travelling to their training camp in Germany after the club received an official bid for the player. The PA news agency understands a £40million offer for the Brazil international has been made by Al-Ittihad, one of four Saudi Arabian clubs owned by the country’s Public Investment Fund. Receipt of a “serious, official” offer prompted discussions within the club which resulted in a decision, taken in consultation with Fabinho, to withdraw the player from the squad which flew out on Saturday. Captain Jordan Henderson, who has also been the subject of speculation linking him to a reported £700,000-a-week offer from Al-Ettifaq – managed by former team-mate Steven Gerrard – has travelled with the squad as there has been no bid for him as yet. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-07-15 18:56
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