According to Fabrizio Romano, Folarin Balogun is to travel to Monaco on Tuesday. That is to undergo a medical and finalize his permanent transfer to the club.
Fabrizio Romano reports that the deal for Folarin Balogun to Monaco is at €40 million (£34.3 million) in total. Also Arsenal included a sell-on clause as part of the agreement.
According to Fabrice Hawkins of RMC Sport, Folarin Balogun is to arrive in Monaco on Tuesday to sign a five-year deal. Hawkins also suggests that the total cost of the transfer is at €45 million (£38.6 million).
Indeed, the impending medical and contract signing for Folarin Balogun will finally put an end to the summer of speculation surrounding his future. The young striker has a link with several clubs, including Monaco, Inter Milan, and various London-based clubs. But it seems Monaco will be his destination.
Clubs that showed interest in Folarin Balogun
It’s not uncommon for talented young players like Folarin Balogun to attract interest from multiple clubs. Especially when their contract situation is uncertain. It seems Balogun’s performances and potential had caught the attention of several Premier League clubs, including West Ham United, Crystal Palace, and Fulham. All of whom were considering him as a potential addition to their squads. However, it appears that Monaco has emerged as the club that will secure his services.
It’s not unordinary for rival clubs in the same league to inquire about the availability of a talented player from another team. Both Chelsea and Tottenham Hotspur showed interest after making approaches to Arsenal to explore possibility of a transfer. This indicates the high regard in which the player is held and the potential they are seen to possess. However, it seems Monaco has ultimately secured Balogun’s transfer.
The transfer of Folarin Balogun to AS Monaco seems to be mutually beneficial for both the player and Arsenal. Balogun gets the opportunity to continue his career at a reputable club in Ligue 1. While Arsenal receives a transfer fee and potentially a sell-on clause. Thus, allowing them to benefit financially from Balogun’s future success. Additionally, as you mentioned, the fact that Balogun won’t be playing for a direct Premier League rival means that Arsenal fans won’t have to face him regularly, which can help avoid potential conflicts of interest and emotional attachments.
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