Arsenal get green light for $115.8m mega transfer amid 'clueless' Folarin Balogun theory

Arsenal transfer news: The latest Gunners media watch with reaction to stories on Granit Xhaka's exit, Moussa Diaby and Folarin Balogun

Welcome to the football.london transfer briefing. To help you keep on top of all things Arsenal going on in the market we've got the latest noises coming from social media, journalists and so-called ITKs, rounding up what's what in the world of the Gunners.

Balogun U-turn

Arsenal wantaway striker Folarin Balogun has been the subject of surprise interest from London rivals Chelsea, according to reports.

The USMNT star looks all but certain to leave the Gunners this summer following his superb loan spell in France. Reports have suggested a host of European clubs, including Marseille and AC Milan, are monitoring the £50millon ($63.6m)-valued striker.

football.london says: Now this would be a shock. In a way, the prospect of the 22-year-old remaining in the Premier League and solving Chelsea's attacking issues could make sense. But Balogun simply doesn't fit the sort of striker needed at Stamford Bridge and the move would be clueless from Chelsea.

The two teams currently have a good relationship after their recent trade of Kai Havertz, but a deal seeing Balogun move to West London just seems rather unlikely. He wouldn't be guaranteed minutes at Stamford Bridge and would be expected to deliver goals right away. Right now, it's probably just speculation.

He's already showcased his ability to score goals in Europe. The clubs interested in him - AC Milan, Inter, Marseille and RB Leipzig - are all in desperate need of new blood in their attack and will be able to offer game time. Should Balogun move to Chelsea, it would be up there as one of the most shocking transfers of the summer.

Xhaka windfall

Now