Declan Rice is on the verge of signing a new long-term contract with Arsenal that would see his weekly wages rise to £350,000 — matching the club's highest earner, Bukayo Saka.

The England midfielder arrived from West Ham United for £105 million in July 2023 and has since established himself as one of the Gunners' most important players. His current deal runs out at the end of next season, but talks over an extension have been progressing and are now at an advanced stage, according to BBC Sport.

Rice's new terms would represent a substantial jump from his reported salary of £240,000 per week, rewarding a player who has made 165 appearances for the club and played a pivotal role in Arsenal ending their 22-year wait for a Premier League title last season.

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