West Ham United insider Claret & Hugh has now shared a big six-word update on Declan Rice's transfer saga in the last 48 hours.

The Lowdown: Rice rumours emerge...

Since Fabrizio Romano broke news of the 23-year-old rejecting a third contract offer from the Irons, rumours have been surrounding Rice and where he could go to next.

Journalist Dean Jones claimed recently that he is more open than ever to leaving West Ham this summer while C&H believe that he is set to stay for at least one more full campaign.

The Premier League side, in their attempts to tie down Rice, were even said to be willing to insert a release clause in any proposed fresh terms at one point - which would potentially offer the England international a route out of Rush Green (90min).

The Latest: C&H share six-word update...

Now, insider C&H have shared a six-word message from one of their sources in regards to the situation surrounding a potential new deal for Rice.

The 'club insider', in a big update for supporters, simply stated: “Declan won’t sign a new contract.”

The Verdict: Blow for Moyes?

While there were brief hopes he would commit to a new deal, taking into account the release clause factor, it always seemed unlikely that he would commit long-term.

C&H believe he is 'more likely than not' to leave next summer as a result of this update but the good news for supporters is he seems set to stay under Moyes for the 2022/2023 campaign - according to this report.

In other news: CNN journalist: West Ham quoted eight-figure fee as GSB eye 'exciting' striker move! Find out more here.