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West Ham confirm Declan Rice exit as Arsenal move nears

West Ham announced the departure of Declan Rice on Saturday as he nears a move to Arsenal, with the midfielder saying it was a "tough decision" to leave the east London club.

The Premier League runners-up agreed a club-record fee for Rice worth £100 million ($131m) plus £5m ($6.5m) in add-ons, sources told ESPN. The amount easily eclipses Arsenal's previous record fee -- the £72m paid to sign Nicolas Pepe from Lille in 2019.

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When all is said and done, Rice, 24, may also become the most expensive British player in Premier League history, eclipsing the £100m Manchester City paid to sign Jack Grealish from Aston Villa two years ago.