Arsenal and Man Utd told Declan Rice's 'true' transfer value, it's nowhere near West Ham's asking price

The 'true' transfer value of West Ham star Declan Rice is far lower than the figure quoted to Arsenal and Manchester United, according to a new report.

Rice looks likely to move away from the London Stadium this summer after the Europa Conference League final, with The Guardian claiming that Arsenal lead the race to sign him. United are also interested in acquiring the England international.

The 24-year-old midfielder is one of the best players in his position in English football - and is set to command a huge fee.

According to the Daily Mail, the Gunners are prepared to launch a bid of £90 million to sign Rice, with West Ham wanting £120 million to sell their star asset.

Such a figure would represent the biggest fee for an English footballer but, in the context of modern football transfers, it is arguably a fee very much worth paying for a player that can marshal a midfield for the next 10 years.

However, a new report from the CIES Football Observatory has analysed that Rice's actual transfer fee, based on the data, is far lower than what West Ham are demanding.

Declan Rice 'true' transfer fee revealed

CIES say that Rice's transfer value stands at €67.8 million (around £58.4 million) - half of the fee that West Ham want to sell the England international.

The fee is partially influenced by Rice's contract situation, however. The 24-year-old is contracted to the Hammers until the summer of 2024, with the club holding a one-year option to extend it.

CIES claim that Rice would be valued at €80.3 million (around £69.2 million). But that fee is still comfortably below his current club's asking price.

There are three English players that are valued at over €100 million, according to the CIES database. Arsenal star Bukayo Saka has a valuation of €195.8 million after signing a new long-term contract, with Borussia Dortmund's Jude Bellingham (€190.2 million) Manchester City's Phil Foden (€166.8 million) also on the list.