Manchester City pull themselves out from the deal for Declan Rice. Arsenal are now leading the race. They are now favourites to get his signature. It would be a monumental signing for the gunners. It will be vital in their pursuit for the Champions League and the Premier League next season.
Why Manchester City pulled out from a deal for Declan Rice
The Premier League champions are no longer pursuing a transfer for Declan Rice. This is after being put off by the escalating price of the West Ham midfielder. Pep Guardiola’s side made an offer of £90m. This was rejected by the Hammers. We understands they were not willing to go any higher. The Gunners now look set to complete a new record signing for a British player. The offer is exceeding the £100m City paid for Jack Grealish in 2021.
City have long refused to get drawn into bidding wars for players and have a history of walking away from deals with transfer targets once the asking price has gone above their valuation.
In 2018 the club were negotiating a deal to sign Jorginho from Napoli but pulled out of the move. This happenes when the Serie A outfit increased the price to £57m. The lead Chelsea to sign the midfielder instead. In 2019 City were keen on bringing Harry Maguire to the Etihad Stadium but also refused to meet Leicester’s asking price of £80m, which saw the defender eventually move to Manchester United instead. The same reason saw them withdraw from a deal to sign Kalidou Koulibaly from Napoli in 2020, while last summer City backed away from a move for Marc Cucurella, who later moved to Chelsea from Brighton for more than £60m.
