Arsenal are in pole position to sign Declan Rice, but the structure of their British record deal remains a sticking point.

The Gunners put forward a third bid worth over $110 million on Wednesday morning. But, it is believed that the parties are edging closer toward a deal that suits all involved.

Arsenal edging near to reaching agreement on Declan Rice deal

West Ham are yet to formally reject the offer, but the Hammers want the deal to be restructured. The East London giants want a higher fee paid initially.

Arsenal now lead the race to sign the midfielder after Fabrizio Romano announced that Manchester City have pulled out of the race.

Arsenal’s offer on Wednesday was the third bid that they have made for the England international. The Gunners had previously seen two bids turned down. Man City’s $98 million offer for the West Ham star was turned down on Tuesday.

Arsenal are confident of completing the deal, in what would be for a British-record fee. The current record remains the $110 million paid by Man City for Jack Grealish.