The 24-year-old midfielder already has vast experience, making 245 senior appearances for the Hammers as well as winning 43 caps for the Three Lions.
Declan started his youth career at Chelsea, before joining the West Ham academy in 2014, and signed his first professional contract a year later. On the final day of the 2016/17 season, an 18-year-old Declan made his senior debut and soon became an integral part of their first-team squad for the following six seasons.
Rice's arrival follows the signing of Germany international Kai Havertz from Chelsea for a fee worth up to £67.5m as Arsenal continue to add firepower to the squad that mounted an unexpected Premier League title challenge last season.
Arsenal eventually fell short to title eventual treble winners City but came out on top in the race to sign Rice.
City had an earlier offer of £80m plus £10m in add-ons rejected, sources told ESPN, but believed Arsenal's bid exceeded their valuation.
He will join Arsenal on their preseason tour of the United States, with the Community Shield against City on Aug. 6 his first chance to make his competitive debut. Arsenal begin their 2023-24 Premier League campaign by hosting Nottingham Forest on Aug. 12.
The £105m Rice deal is broken down into an initial payment of £100m, which will be paid over 24 months, with £5m in add-ons, which are £1m every time Arsenal qualify for the Champions League and Rice starts 60 per cent of games.
Manager Mikel Arteta added: “We’re really happy that Declan is joining us. He is a player with tremendous ability, who has been performing at a high level in the Premier League and for England for a number of seasons now. Declan is bringing undoubted quality to the club and he is an exceptional talent who has the potential to be very successful here.
“Declan has great experience in the Premier League at only 24 years old. He has captained a very good West Ham team and as we all saw, he recently lifted a European trophy. The responsibility and role he has taken on has been very impressive and we are really excited that he is joining us.”
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