Arsenal submitted a third bid for West Ham’s Declan Rice on Tuesday night.

According to The Athletic, the Gunner’s latest proposal is worth £100m upfront and £5m in add-ons.

If the Hammers accept this offer, it will be the new British record fee for a player.

Arsenal’s second bid was £75m upfront and £15m in add-ons.

It was rejected by West Ham, who also rejected a £80m upfront and £10m in add-ons.

Arsenal manager, Mikel Arteta, is desperate to beef up his midfield ahead of the new season, with Granit Xhaka and Thomas Partey expected to leave the Emirates this summer.

Rice has one year left on his contract at West Ham and has made it clear his preferred destination is the Emirates Stadium. However, the Hammers wanted more than £100million for the England international.

Should the transfer go through, Rice would eclipse Jack Grealish as the most expensive British footballer bought by a Premier League club. Jude Bellingham, Rice’s England team-mate, secured a £115m move to Spanish giants Real Madrid earlier this summer. Chelsea star Enzo Fernandez, meanwhile, would remain as the Premier League’s record transfer after his £106m transfer from Benfica in January.