Monaco set to sign Balogun from Arsenal

Monaco are in a pole position to land the Gunners forward Folarin Balogun as negotiations between the clubs continue, and the transfer fee will be around 49 million dollars.

🔴⚪️ | FOLARIN BALOGUN UPDATE‼️

🚨 @FabrizioRomano confirms that Arsenal striker Folarin Balogun has agreed to join Monaco. Clubs close on reaching a deal. £40m-£45m. ✅

Chelsea and Tottenham both enquired and were told £70m. West Ham also held interest in the player. 🇺🇸

The… pic.twitter.com/6hXNuHxM8d

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— Punch Drunk Arsenal (@PunchDrunkAFC) August 25, 2023

The other teams interested in signing Balogun – Inter and Chelsea are not as close as Monaco as the Premier League team and the Ligue 1 team are in the final steps to finalize the transfer fee add-ons.

The American striker hasn’t played in Arsenal games since the beginning of the new campaign and wants to leave to be a starter after he did phenomenal while on loan in Reims, where he netted 21 goals in 37 matches in the French league.

If the London side sold Folarin for the fee being discussed at the moment, it would surpass the record sum recouped by the Gunners for a player – 44 million dollars from Liverpool for Alex Oxlade-Chamberlain in 2017.