As the dust settles over the summer transfer market, the final pieces of Arsenal's strategic reshuffle appear to be falling into place. Amid extensive negotiations, the Gunners are on the brink of finalizing the £105 million acquisition of West Ham captain, Declan Rice.

Rice, 24, a midfield stalwart, is ready to bid farewell to the London Stadium to make a groundbreaking cross-town leap to the Emirates Stadium. After a series of rebuffed bids and counterbids involving rival Manchester City, the Gunners' final proposal finally hit the mark with the Hammers.

Though the overall £105m fee was accepted, the crux of the ongoing discussions lies in the payment schedule. Reports suggest the Gunners proposed to pay the sum across four years, a strategy that the Hammers are countering, demanding completion of payments by next year end.

However, these technicalities are unlikely to derail the agreement. An insider revealed, "The ball is in Arsenal's court," signaling the North London club's command over the situation.

Rice's signing is another bold step in Mikel Arteta's determined overhaul this summer. Having already secured the talents of ex-Chelsea Kai Havertz for £65m, Arteta is reshaping the squad with eyes firmly fixed on the Premier League title.

But it's not all arrivals at the Emirates; academy product Folarin Balogun is potentially on his way out. The young forward, fresh from a successful loan spell at Ligue 1 side Reims, has been valued at £35m. Balogun's cryptic Twitter post fueled speculation of an imminent departure as Europe's top clubs watch closely.

Meanwhile, Manchester City's CEO, Ferran Soriano, has defended his club's decision to withdraw from the Rice deal after a failed £90m bid. Soriano stated, "If you look at what we have done in the last five years, our level of investment in new players is well thought out...When we don't like a deal, we walk away, and we don't panic."

As the dominos of the transfer window continue to fall, the Arsenal narrative is dominated by the prospective arrival of Rice, a move that promises to fortify their midfield and elevate their attacking capabilities. With this ambitious addition, Arteta's Arsenal seems ready to mount a serious challenge for Premier League glory.