Arsenal have submitted a third bid worth £105m for West Ham and England midfielder Declan Rice.
Treble winners Manchester City, who had a £90m offer for the 24-year-old rejected on Tuesday, will not match the Gunners’ bid.
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Arsenal have also had two bids previously rejected after their offers fell short of the £100m West Ham want.
However, it is understood the Hammers do not believe the structure of the latest bid is right.