Arsenal is still interested in Declan Rice after Manchester City reportedly had a £90 million ($115 million) deal for the West Ham midfielder rejected.
The Premier League champions have made England international Rice a major target for the summer transfer window, following their Treble triumph in 2022-23.
Pep Guardiola is desperate to bolster his engine room after Ilkay Gundogan left the Etihad Stadium as a free agent.
The Telegraph reports Manchester City failed with an offer that matched the biggest proposal from domestic rivals, Arsenal. The plan was said to be worth £80 million in fixed payments and £10 million in add-ons.
West Ham, who are under no obligation to sell their captain because he is still under contract in east London, are refusing to budge from their position that a £100 million ($127 million) agreement is necessary to wrest Rice from their grasp.
Arsenal are anticipated to respond with a counteroffer in the coming days as they move closer to satisfying West Ham’s expectations, although it remains to be seen whether City will willing to part with a fee equal to their club-record signing of Jack Grealish from 2021.