Arsenal have rejected a bid from Monaco for young striker Folarin Balogun, according to reports. The Ligue 1 side had offered €30 million plus €5 million in add-ons for the American forward, but Arsenal are said to be holding out for a higher fee.
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Inter Milan are now also interested in Balogun and are reportedly preparing a bid of their own. The Italian club are said to be willing to offer €30 million plus €10 million in add-ons.
Arsenal are keen to sell Balogun in order to raise funds for other signings, but they are also reluctant to let him go for a low price. The 20-year-old is highly rated by the club and they believe he has the potential to be a star in the future.
It remains to be seen whether Arsenal will accept Inter’s offer or whether they will hold out for a higher fee. However, it is clear that Balogun is attracting interest from some of Europe’s top clubs.
Here are some key details of the proposed transfer:
- Monaco had offered €30 million plus €5 million in add-ons for Balogun.
- Arsenal rejected the bid and are holding out for a higher fee.
- Inter Milan are now also interested in Balogun and are preparing a bid of their own.
- The Italian club are reportedly willing to offer €30 million plus €10 million in add-ons.
The potential transfer of Balogun has been met with mixed reactions from fans. Some fans are excited about the prospect of him joining a top European club, while others are reluctant to see him leave Arsenal.
Only time will tell whether Balogun will leave Arsenal this summer. However, it is clear that he is a talented player who is attracting interest from some of the biggest clubs in Europe.