Izuchukwu OkosiArsenal and West Ham United have finally found a resolution on Declan Rice’s proposed for £105m transfer.
The two clubs have been locked in negotiations over the structure of Arsenal’s bid, which was broadly agreed when the Premier League runners-up agreed to pay West Ham £100m in guaranteed money plus £5m in performance related add-ons.
The 24-year-old’s move will break the British transfer record set by Jack Grealish’s switch to Manchester City in 2021, with the money set to provide the Conference League winners with a hefty budget this summer.
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The latest agreement means that Arsenal will pay the vast majority of the fee to West Ham in three separate instalments over the course of a 24-month period – something majority owner David Sullivan has been pushing since the Hammers started receiving bids.
Rice is expected to undergo a medical on Friday before putting pen to paper on a long-term contract which is expected to make him one of Arsenal’s highest-paid players.
Manchester City was also interested in the player but backed out of the deal when Arsenal upped their offer for the England international.
Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.
In October 2004, Okosi joined Complete Communications Limited, publishers of Complete Sports newspaper and Complete Football magazine as a reporter and later script writer for the Complete Sports studio.
He worked there for 13 years until October 2017.
Okosi also worked various times as Correspondent, Content creator and Editor at Sports Market International Magazine, Opera News, All Nigeria Soccer Media and Iconic Media Watch.
He also undertook freelance writing gigs for some local and international organizations.
Okosi is a member of the Actors Guild of Nigeria (AGN), Association of Movie Producers (AMP), Association of Voiceover Artistes of Nigeria (AVOA), Sports Writers Association of Nigeria (SWAN) and Nigeria Union of Journalists (NUJ).
He has been part of cast in some Nollywood movies and radio dramas including Blood Money 2, Scores To Settle, Dead End 2, Another Campus Tale and Battle Line.
Aside mainstream media and the entertainment industry, he has interests in scouting/unearthing of talents in the sports and creative sectors, exports business and property development.
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