Folarin Balogun seems to be on the brink of departing from Arsenal, as reports suggest that Monaco is nearing a deal to secure the services of the American international. WHAT TRANSPIRED? The 22-year-old forward has attracted interest from various clubs across Europe during this transfer window, with teams from England, France, Italy, and Germany all expressing their interest.
However, no agreement has been finalized, as Arsenal has been adamant about receiving a fee exceeding the £40 million ($51 million) threshold. According to Sky Sports, Monaco is poised to formulate an offer that aligns with the Gunners’ demands, and preliminary personal terms with Balogun have already been settled. If the deal goes through, it would mark the USMNT standout’s return to French football, where he notably achieved 21 goals during a prolific loan spell with Ligue 1 outfit Reims last season. Further discussions are scheduled between Monaco and Arsenal, aiming to establish a payment structure.
Given Balogun’s eagerness to secure a move and secure consistent first-team action in the upcoming 2023-24 season, the prevailing expectation is that a mutually agreeable solution will be reached prior to the summer transfer window’s closure.