Arsenal have agreed terms on £75m record signing – and it's NOT Declan Rice: report

Arsenal manager Mikel Arteta applauds their fans after the Premier League match between Fulham FC and Arsenal FC at Craven Cottage on March 12, 2023 in London, England
(Image credit: Ryan Pierse/Getty Images)

Arsenal are ready to splash £75 million on a record signing this summer – before they've agreed a deal for priority target Declan Rice.

The Gunners' current record signing is Nicolas Pepe, who spent last season on loan in Ligue 1 with Nice. The Ivorian set the club back £72m in the summer of 2019 when he arrived from Lille – but his signature was the start of a sea change of how Arsenal did business.

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Mark White
Content Editor

Mark White has been at on FourFourTwo since joining in January 2020, first as a staff writer before becoming content editor in 2023. An encyclopedia of football shirts and boots knowledge – both past and present – Mark has also represented FFT at both FA Cup and League Cup finals (though didn't receive a winners' medal on either occasion) and has written pieces for the mag ranging on subjects from Bobby Robson's season at Barcelona to Robinho's career. He has written cover features for the mag on Mikel Arteta and Martin Odegaard, and is assisted by his cat, Rosie, who has interned for the brand since lockdown.