Arsenal will reportedly receive a fee of 40 million from the sale of Folarin Balogun. Hence, the USA striker is currently having his medical.
The sale is also the biggest sale for the Gunners in the transfer windows. Gunners are also hoping to sell more of their fringe players.
ARSENAL ARE SET TO RECEIVE A MEGA FEE FOR THE USA STRIKER
According to reports, Arsenal will receive a mega transfer fee from the sale of Folarin Balogun. The USA striker will also now join Ligue 1 side AS Monaco after completing his medical. Gunners have also exchanged documents from their side. The Ligue 1 giants will pay a fee of 40 million including the add-ons for Folarin Balogun.
Arsenal also have a sell-on clause in the deal. Hence, the Gunners will profit from his potential future transfer from AS Monaco. The USA striker was one of the highest scorers in Ligue 1 last season with Stad de Reims on loan. Hence, it looks like AS Monaco are willing to spend big on the USA striker this summer transfer window.
THE GUNNERS MANAGED TO DO THE RIGHT THING WITH EXTENDING THE CONTRACT OF FOLARIN BALOGUN
Arsenal owners deserve praises for getting such a high fee for Folarin Balogun. They managed to convince Balogun to sign a long-term contract. Hence, the striker signed a contract extension until 2025 in April 2021. Therefore, the Gunners managed to retain his transfer value for the future transfer windows. Therefore , it looks like the Gunners finally cashed in on his value this summer transfer window.
Arsenal will make a mega profit of 40 million on the sale of their former academy star. The Gunners are hoping to make more sales this summer transfer window. They are reportedly hoping to make 100 million worth of sales before the end of this summer transfer window. Kieran Tierney is also leaving on loan. He will join La Liga side Real Sociedad for the rest of the season.
Arsenal are also hoping to sell the likes of Nicolas Pepe and Cedric this summer. However, they are struggling to find a buyer because of their higher wages. Although, there is expectation that Pepe will mutually terminate his contract to end his struggles.
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