West Ham United have 'confirmed' to journalist Tom Clark that they never received a bid for Declan Rice and value him at a minimum of £100million.

The Lowdown: High demand for midfielder

Rice has been on Chelsea and others' wishlists for some time now and the midfielder's impressive performances for West Ham has seen his value increase.

His Euro 2020 performances, where he and Kalvin Phillips both impressed, have only seen the rumours increase around the 22-year-old.

The player has been hailed 'excellent' by BBC pundit Alan Shearer previously and he has become a leader in David Moyes' side, as they finished sixth in the Premier League last season.

The Latest: No less than £100million

According to football.london journalist Tom Clark, Chelsea and City will have to cough up more than £100million to begin negotiations with the Hammers, with Rice having three years remaining on his current contract.

Clark stated on his Twitter: "What I have been told is he is happy, not for sale & West Ham confirmed to me they've never received an offer for him & aren't open to one.

"£100m is value West Ham have put on him."

The Verdict: Huge boost for Moyes

Rice's importance to the West Ham squad is indisputabl. Last season he played 32 games for the Hammers, completing 88% of his passes, making 1.8 interceptions per game, 1.8 tackles per game and completing 85% of his dribbles.

Moyes saying Rice is worth more than £100million is a testament to the academy graduate and his rise to be a regular in England's midfield, while it also shows exactly how happy the manager will be to know the club are backing his strong stance.

His career so far warrants a chance to prove himself at the top level in the Champions League and a move to the likes of Chelsea would do this, but the Hammers have every right to demand an astronomical fee given his incredible rise in the past few years.

In other news, journalist has claimed these three players could start in Europa League tie. Find out more here.