<a href="https://www.thenationalnews.com/tags/manchester-city/" target="_blank">Manchester City</a> have seen their bid for West Ham United captain Declan Rice, worth a potential £90 million, rejected, according to a report. <i>The Guardian</i> newspaper reported Tuesday that the Premier League champions' offer of £80m plus a potential £10m in add-ons for the 24-year-old midfielder had been turned down by the Hammers. The report added that Arsenal, who have already had two bids for Rice rejected by West Ham, are now preparing a third offer to land their primary transfer target. The Gunners, who finished second to City in the recently concluded 2022/23 Premier League season, were first to tempt West Ham with a £90m offer. It now seems any club wanting to prize Rice away from the London Stadium will have to at least match West Ham's valuation of £100m. On Monday, several UK publications including<i> The Athletic</i> and<i> </i>Sky Sports reported that City had lodged a formal offer for Rice, while Football Insider claimed <a href="https://www.thenationalnews.com/sport/football/2023/06/27/al-hilal-make-offer-for-bernardo-silva-harry-kane-open-to-bayern-munich-move/" target="_blank">Manchester United had also entered the fray</a> by offering defender Harry Maguire in a player swap. The Hammers board values Rice at £100m and appears will not countenance selling their star player for anything less. It remains to be seen whether City will be prepared to enter into a bidding war for the highly rated England international. City's resolve to sign Rice means they will almost certainly have to match their record outlay for a player – Jack Grealish signed from Aston Villa in August 2021 for £100m – or break their own transfer record. Rice has established himself as one of the best midfielders in Europe over the past two seasons and led West Ham to their <a href="https://www.thenationalnews.com/sport/football/2023/06/08/west-hams-jarrod-bowen-scoring-a-european-cup-final-winner-beyond-my-wildest-dreams/" target="_blank">first trophy in 43 years this month</a> with victory over Fiorentina in the Europa Conference League final. <a href="https://www.thenationalnews.com/tags/west-ham-united/" target="_blank">West Ham</a> chairman David Sullivan said a gentleman's agreement means Rice can leave the London Stadium despite a year remaining on his contract with the option to extend it by a further 12 months. Rice joined West Ham's academy from Chelsea as a teenager and has been ever-present since his breakthrough season in 2017/18. He took over the captaincy after Mark Noble's retirement last year. Following <a href="https://www.thenationalnews.com/sport/football/2023/06/26/ilkay-gundogan-to-leave-manchester-city-following-extra-special-season/" target="_blank">Ilkay Gundogan's departure for Barcelona</a>, City boss Pep Guardiola is keen to reinforce his midfield and is on the brink of signing Mateo Kovacic from Chelsea for £30m. City enjoyed the best season in the club's history in 2022/23, becoming only the second English club to win the league, FA Cup and Champions League in the same season. Chairman <a href="https://www.thenationalnews.com/sport/football/2023/06/19/khaldoon-al-mubarak-watching-man-city-win-champions-league-with-sheikh-mansour-special/" target="_blank">Khaldoon Al Mubarak</a> said in a recent interview that City "won't stand still" as they look to emulate last season's achievements, and adding Rice to an already world-class squad would only back up that claim.