{"id":45069,"date":"2023-07-05T16:38:57","date_gmt":"2023-07-05T16:38:57","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice"},"modified":"2023-07-05T17:02:40","modified_gmt":"2023-07-05T17:02:40","slug":"why-arsenal-paid-so-much-for-declan-rice","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice","title":{"rendered":"Why Arsenal paid so much for Declan Rice"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Arsenal has reached an agreement with West Ham for the transfer of captain Declan Rice for a British record of \u00a3105 million. This surpasses the previous record of \u00a3100 million paid by Manchester City to sign Jack Grealish from Aston Villa in the summer transfer window of the 2021\/22 season.<\/p>\n

While such a high transfer fee might sound outlandish for a player in the final year of his contract, Arsenal\u2019s strategy is setting them up for potential Champions League success in the 2023\/2024 season.<\/p>\n

After securing qualification for the Champions League last season, Arsenal manager Mikel Arteta\u2019s constant rhetoric has been around getting the recruitment right. It was evident towards the end of last season that Arsenal did not have the squad depth (enough quality players to replace the first team) to match Manchester City in the title race.<\/p>\n

Arsenal\u2019s transfer strategy cannot be analysed by looking at a single season in isolation. In the summer transfer window of 2021\/22, the team made a concerted effort to sign youth players, with an outlay of \u00a3143 million for six players, including Martin Odegaard and Aaron Ramsdale.<\/p>\n

The following year saw the addition of Gabriel Jesus and Oleksandr Zinchenko from Manchester City, while Jorginho was added in the January transfer window.<\/p>\n

These transfers say a lot about Arsenal\u2019s strategy. Teams need three different types of signings in order to succeed.<\/p>\n

In the short term, they players who are signed to make immediate impact. In the medium term, players who are signed at the start of their peak and sold before they sign one last big contract. And in the long term, players who are signed as youth players and become the core of the team.<\/p>\n

The signing of Declan Rice fits into the medium-term transfer strategy for the club.<\/p>\n

Arsenal\u2019s recruitment strategy has undergone noticeable changes in the past two summers. They shifted from their \u201cProject Youth 2.0\u201d approach in the 2021-22 season to focusing on signing experienced players in their mid-20s.<\/p>\n

This shift was instrumental in elevating Arsenal\u2019s performance. The acquisition of Rice is in line with this strategy from last summer, indicating a continuation of their approach.<\/p>\n

The tournaments Arsenal will be involved in next season hold the key to understanding Rice\u2019s importance. This will be the first time since the 2015\/16 season that Arsenal will be taking part in UEFA\u2019s premier club competition, the Champions League.<\/p>\n

In the previous transfer windows, Arsenal have sold their difficult-to-shift players with high wages and they will most likely generate money through similar sales this summer. The return to the Champions League will also help the club improve their revenue by at least \u00a330 million, provided they can make it out of the group stages.<\/p>\n

The signing of Declan Rice will also help Arsenal with registration criteria for both the English Premier League and Champions League. A total number of 25 players over the age of 21 can be registered for both competitions. Out of those 25 players, at least eight players must be home grown, at either the club or in the country (in this case, England).<\/p>\n

Declan Rice was trained in the Chelsea and West Ham academy, so he will count as a homegrown player for Arsenal.<\/p>\n

But with a record-breaking bid, is Arsenal overpaying for Declan Rice? Laurie Shaw, the head of data analytics at Manchester City, created a formula to calculate the correct market salary for English Premier League players. Applying the formula to Rice, it seems that Arsenal are overpaying by a fair margin \u2013 almost \u00a375 million.<\/p>\n

However, quality homegrown players are few and far between, which is what has allowed Arsenal to justify the \u00a3105 million fee \u2013 well worth it if the addition of Declan Rice helps the Gooners to trophy glory.<\/p>\n

Sarthak Mondal, Lecturer in Sport Management, University of Portsmouth<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. Arsenal has reached an agreement with West Ham for the transfer of captain Declan Rice for a British record of \u00a3105 million. This surpasses the previous record of \u00a3100 million paid by Manchester City to sign Jack Grealish from Aston Villa in the summer transfer window of the 2021\/22 season. While such […]<\/p>\n","protected":false},"author":84,"featured_media":45068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,17],"tags":[233,371,234],"class_list":["post-45069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-sport","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"\nWhy Arsenal paid so much for Declan Rice - Malawi<\/title>\n<meta name=\"description\" content=\"Arsenal has reached an agreement with West Ham for the transfer of captain Declan Rice for a British record of \u00a3105 mill ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Arsenal paid so much for Declan Rice\" \/>\n<meta property=\"og:description\" content=\"Arsenal has reached an agreement with West Ham for the transfer of captain Declan Rice for a British record of \u00a3105 mill ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-05T16:38:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-05T17:02:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/07\/sm_1688560237.950266.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"685\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Why Arsenal paid so much for Declan Rice\",\"datePublished\":\"2023-07-05T16:38:57+00:00\",\"dateModified\":\"2023-07-05T17:02:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice\"},\"wordCount\":649,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/07\/sm_1688560237.950266.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"sport\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/why-arsenal-paid-so-much-for-declan-rice\",\"name\":\"Why Arsenal paid so much for Declan Rice - 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