The UCL winners have met West Ham's valuation for the footballer, although Arsenal will be given a chance to match their bid.

The transfer saga involving Declan Rice has taken a big turn. Manchester City have presented a big offer to West Ham for the midfielder's services, and the treble winners could be close to signing Ilkay Gündogan's replacement just a day before his departure to Barcelona was confirmed.

According to The Athletic, the Cityzens have submitted a bid for the footballer that matches the Hammers' valuation, meaning that all they have to do is to agree terms to see the English international wearing Manchester City's jersey. The bid, according to the media outlet, went over $110M considering the transfer fee and add-ons.

The race to sign Rice will have one more chapter to it, as Arsenal, who already submitted two bids that were rejected, will file one more in coming days. Apparently, West Ham are ready to give them a chance to hire the midfielder since they showed interest before Manchester City, but it remains to be seen if Rice is OK with their offer and the chance to joining Arteta's men.

As revealed by Fabrizio Romano, Manchester City will submit yet another bid for the player's services once Arsenal present theirs, as they are keen on adding the English international as soon as the transfer window is officially open.

Declan Rice was key to help West Ham avoid relegation from the Premier League this season, but more importantly, he was crucial to help the Hammers reach European glory in the UEFA Europa Conference League.

While West Ham were keen on keeping him around, his desire to leave and the fact that he will become a free agent next summer have forced the Hammers to accept one of these bids, and as things stand, it seems that Guardiola's team will once again "defeat" Arsenal in their pursuit of the talented midfielder.