According to Nicolo Schira, Declan Rice is close to extending his contract with Arsenal. The final details being discussed relate to the contract's length, which will be until 2030 or 2031. All parties involved in the agreement are confident and want to complete it soon.

BBC Sport reported on March 13, 2026, that renewal talks are underway for Declan Rice. Separately, Fabrizio Romano revealed on his YouTube channel that negotiations are well underway. Romano stated that contacts are becoming concrete between Declan Rice's representatives and Arsenal over a new contract, adding that the negotiation is ongoing and proceeding very well. According to Romano, Declan Rice is expected to sign a new contract at Arsenal on improved terms with a better salary. He also added that both sides are optimistic that the new deal will be completed soon, though conversations are not yet at the final stages. TEAMtalk’s transfer insider, Graeme Bailey, had previously reported on February 23, 2025, that Arsenal were planning to initiate talks with Rice over a new contract. At the time, sources told TEAMtalk that Arsenal sporting director Andrea Berta was ready to offer Rice a new five-year deal and increase his then-current salary of £240,000-a-week.

According to BBC, Arsenal have started negotiations with Declan Rice to extend his contract early. Rice currently earns around 280,000 euros per week. Bukayo Saka's salary of nearly 350,000 euros per week after his recent contract extension is being used as a benchmark for the new deal.

Arsenal are preparing to open conversations with Declan Rice about a new long-term contract before the start of next season. Sporting director Andrea Berta contacted Rice’s camp last year to confirm the club’s intention to open talks in 2026, a move that was received positively by the player’s representatives. According to sources who told TEAMtalk, Berta is ready to offer a five-year deal when discussions begin. There is growing confidence that Rice is eager to sign new terms and commit the rest of his career to the club. There have been calls for Rice to be offered equal terms to Bukayo Saka, who recently signed a contract with wages exceeding £300,000 per week. Negotiations are to open formally in the near future.