Manchester City will walk away from a move for Declan Rice after not being prepared to match Arsenal's latest offer.
City put in a bid of £90m this week after Arsenal saw two bids rejected for the West Ham captain, prompting fears from North London that the Premier League champions could steal one of their key transfer targets. That prompted a third bid from Arsenal late on Tuesday of £105m to try and seal the deal.
West Ham are in negotiations with Arsenal over the structure of the fee but had left the door open for City to come in with another bid of their own to prolong the auction. However, the Blues are not prepared to pay that money for Rice and are comfortable walking away from the deal.