Arsenal are reportedly preparing a new contract for Declan Rice as the midfielder continues to play a central role in the club’s plans. Rice joined the Gunners from West Ham United in 2023 in a deal worth more than £100 million, making him one of the most significant investments in Arsenal’s recent history. His performances have since justified the club’s faith in him, with the England international becoming an important part of the midfield and helping Arsenal secure the Premier League title last season.

Rice’s current contract is scheduled to run until 2028, but Arsenal are believed to be keen to extend the agreement before the final years of his deal become an issue. The proposed renewal would also serve as recognition of his growing importance within the squad. Since arriving in North London, Rice has developed into one of the team’s key players and has established himself as a regular presence in Mikel Arteta’s midfield.

According to the report, the new agreement could significantly improve Rice’s financial terms. He is reportedly in line to earn around £280,000 per week, which would place him second among Arsenal’s highest-paid players. Only Bukayo Saka, whose reported salary stands at approximately £300,000 per week, would remain ahead of Rice under those figures. The proposed increase reflects the midfielder’s status and contribution to the team.

Negotiations between Arsenal and Rice’s representatives are reportedly progressing, with both sides working toward an agreement. If the discussions conclude successfully, the midfielder would remain tied to the club beyond his existing 2028 contract. The potential renewal would underline Arsenal’s intention to keep Rice as a major part of their long-term project while rewarding his influence since making the move to North London.