In an intriguing development in the ongoing summer transfer window, West Ham United has declined Arsenal's substantial £80 million offer for their star midfielder, Declan Rice. As sources reveal, the Hammers are patiently awaiting a potential bid from Premier League champions, Manchester City​​.

Considered a fulcrum in West Ham's midfield, 24-year-old Rice has been the subject of intense transfer speculation. The recent offer from Arsenal is a testament to his rising stock in English football. Despite the substantial proposal from the Gunners, the London-based club has chosen to hold out for a potential counter-offer from the Citizens​​.

While Rice's future at London Stadium remains uncertain, he continues to attract interest from major clubs, including Arsenal. The North London club's audacious £80 million offer is a clear signal of their intentions to strengthen their squad for the upcoming season. However, West Ham has made it clear that their star player is not for sale, especially at a price they consider undervalued​.

Interestingly, West Ham's rejection of Arsenal's bid might be a strategic move as they expect Manchester City to enter the bidding war. The Cityzens are known for their financial muscle and willingness to invest in top-quality players. It is speculated that they could potentially outbid Arsenal and meet West Ham's valuation for Rice​​.

The rumors surrounding Rice's transfer have been fueled by Manchester City's potential need to reinforce their midfield following the departure of veteran Fernandinho. An addition like Rice could be a long-term investment for the Premier League champions, considering his age and performance in recent seasons​​.

As it stands, West Ham's firm stance on Rice's future could lead to a fascinating tug-of-war in the transfer market. With Arsenal's bid rejected and Manchester City yet to make a formal offer, the ball is now in the court of the reigning Premier League champions. Whether they choose to pursue Rice and at what price remains to be seen​​.

Looking ahead, the outcome of this transfer saga will have significant implications not just for Rice, but for West Ham, Arsenal, and Manchester City as well.