Official: Folarin Balogun joins AS Monaco on a 5-year deal

AS Monaco have signed United States striker Folarin Balogun on a five-year deal, his now former team Arsenal announced on Wednesday.

The financial details were not disclosed, but British media reported that the deal was worth around 40 million euros..

22-yeal-old Balogun joined Arsenal at the age of eight but made only 10 appearances for the north London club before going on loan at Middlesbrough and Ligue 1 club Stade de Reims in January and August 2022, respectively.

FOLARIN BALOGUN IS RED AND WHITE ??? pic.twitter.com/2MoxQXICNu

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— AS Monaco EN (@AS_Monaco_EN) August 30, 2023

He had a wonderful season at Reims, scoring 22 goals in 39 appearances across all competitions. Balogun, who was born in New York but raised in England, decided to change his international allegiance from England to the United States in May, becoming a part from the USMNT.