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Sarthak Mondal, Lecturer in Sport Management, University of Portsmouth

Why Arsenal paid so much for Declan Rice: a strategy focusing on mid-20s, home-grown talent

Declan Rice playing for England. Vlad1988/Shutterstock

Arsenal has reached an agreement with West Ham for the transfer of captain Declan Rice for a British record of £105 million. This surpasses the previous record of £100 million paid by Manchester City to sign Jack Grealish from Aston Villa in the summer transfer window of the 2021/22 season.

While such a high transfer fee might sound outlandish for a player in the final year of his contract, Arsenal’s strategy is setting them up for potential Champions League success in the 2023/2024 season.

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