Monaco gives Arsenal hopes of transfer windfall in January
Arsenal are one of the clubs with the strongest interest in Folarin Balogun’s future, not because the Gunners want to bring him back into their squad at the end of this season, but because they retain a financial interest in his future.
The striker left Arsenal to join Monaco and was close to returning to the Premier League at the end of the last transfer window, with Everton taking him for a medical in the final hours of the window. The proposed move ultimately failed to materialise.
Arsenal retain an interest
Following his impressive World Cup for the USA, Balogun was expected to change clubs, and Arsenal were keen for that to happen because they retain a stake in his future through a 17.5% sell on clause.
Monaco were determined to sell him during that window, which would have been positive news for Arsenal. However, the move did not happen, leaving the Gunners waiting for another opportunity to benefit from his eventual departure.
According to Standard Sports, the Ligue 1 side remains determined to part ways with Balogun and will try to find him a new club during the January transfer window.
Balogun wants a move
The situation could also benefit Arsenal because Balogun reportedly wants to leave Monaco. The striker believes he has achieved enough at the club and would be keen to find a new home where he can continue his career during the second half of the season.
His desire to leave could make a January transfer possible, particularly with Monaco still determined to find a buyer. Arsenal will therefore have a strong interest in any developments surrounding the striker, given the financial stake they retain in his future.
Balogun’s previous attempt to return to the Premier League came close to being completed, but the move fell through before the transfer window closed. With Monaco reportedly prepared to try again in January and the player also wanting a new challenge, his future could become a significant transfer story.
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