West Ham selling themselves short with £70m valuation of in-demand Rice

West Ham have placed a £70million valuation on midfielder Declan Rice, per Football Insider.

The England international has impressed this season, drawing admiring glances from across the Premier League.

What’s the word?

Rice, per the aforementioned report, has been linked with the likes of Manchester United, Tottenham Hotspur and Manchester City this season after a series of impressive displays.

Indeed, Rice has become a key man under Manuel Pellegrini and has made 33 appearances in all competitions.

His performances were recognised by Gareth Southgate, who called Rice into his England squad for Euro 2020 qualifiers against the Czech Republic and Montenegro earlier this month after the 20-year-old had switched allegiance from the Republic of Ireland.

Football Insider report that the Hammers are keen to keep Rice and build a team around him, having been so struck by his displays since his breakthrough.

But there is also a claim that they would accept a bid worth £70m or in excess of it. Rice signed a new contract earlier this season and is currently tied to West Ham until 2024.

Selling themselves short

The Irons are selling themselves short if this report is true.

A figure of £70m two or three years ago would have been earth-shattering but, now, there will be very few eyebrows raised.

Rice has emerged as a genuine talent this season and, if he were to leave, West Ham would need to replace him immediately.

£70m might seem like a lot of money but in today’s market, that might only get you two proven Premier League players. In many ways, it’s quite a naive estimate of Rice’s worth and potential, especially with so many clubs courting his services and so many years left on his contract.

Rice is already an elite midfield talent and would improve any club he moved to, including City; West Ham should up his asking price to properly reflect that fact.

Article title: West Ham selling themselves short with £70m valuation of in-demand Rice

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