Gunners boss Mikel Arteta has made West Ham captain Rice his No.1 transfer target while they have also lined up deals for Chelsea forward Kai Havertz and Ajax defender Jurrien Timber.
But West Ham have knocked back Arsenal's second bid for midfield star Rice even though it would have been a club-record deal for the Emirates club.
The offer was worth up to £90m made up of £75m plus add-ons - and Arsenal wanted to spread the initial fee over four payments which is common practice in most transfers.
Arsenal are in a very strong position as Rice (top, with Arteta) has made it clear he wants to move to the Gunners ahead of anywhere else and no other club has made a serious attempt to sign the England star.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
THREE-FLOWING FOOTBALL!
Klopp has come up with a new dynamic triple threat on counter
MOORE'S MERRIER
Late, late leveller lifts new boss Darren
WE'VE GAT A GREAT CHANCE
Tompkins and Davies praise Gatland's clear vision and reckon 'the sky's the limit' for Wales
BYRNE: DON'T SEND ME TO BRITISH JAIL
Kinahan mobster fights extradition to UK over 'human rights'
Bruce wife: Our family's dementia heartache
'STAR MAY NOT BE AWARE HE HAS IT'
Killer Letby retrial over 'attempted murder of baby girl'
But heartache for other families
Garda chief confirms officer injured by Dail mob
A GARDA chief said an officer was injured in last week's Dail protests by a far-right mob.
Sophia so good
Hollywood great Loren doing well'after broken hip surgery
Eternal no more
Louise is accused of 'throwing bandmates under a bus' after quitting reunion in bitter row
Our lives will never be the same again..
Family mourns 'hero and son' struck by car