The 23 years England international has impressed this season both in the premier league and the Europa league.
Although West Ham are keen to retain the services of Declain Rice, negotiations into a new contract have stalled.
According to the Daily Mail, West Ham is resigned to losing Rice at the end of the season but will demand a huge fee for the England international, who still has two years remaining on his current deal.
The report claims the Hammers are adamant about not selling Rice for less than £150m.The massive fee is £50m more than Manchester City paid Aston Villa for Jack Grealish last summer in a British record transfer.
Manchester United are the clear favorites to sign Rice as they look to replace Paul Pogba, who is expected to leave Manchester United on a free transfer in the summer.
Chelsea has also been strongly linked with a move for Rice but the London club is currently unable to sign new players due to the sanctions against owner Roman Abramovich by the UK government.However, Chelsea is likely to re-emerge as strong contenders for Rice’s signature if a buyer for the club is found in the coming months.
According to the report, Rice is interested in a move to United but it remains to be seen whether the club can afford to spend £150m on one player, with other areas of the team also in need of reinforcement.
West Ham does have an option to extend it by 12 months and will be possible if the Hammers qualifies for the champions league.
Contract negotiations between the player and West Ham not officially broken down but David Moyes is said to have accepted the fact that he is going to lose his midfielder.
Moyes revealed earlier in the season that interest clubs had missed out on a cut-price swoop for Rice last summer.
He said: “There was a bargain to be got with Declan at £100m. That bargain is now gone.”
Rice is currently on England duty as they prepare to face Switzerland and Ivory Coast in friendly matches.