Folarin Balogun: Monaco continue positive talks for Arsenal striker with Chelsea also interested
Positive talks continue between Monaco and Arsenal over the signing of striker Folarin Balogun; Chelsea have also shown an interest in the US international; the Blues are still looking at viable exit options for Romelu Lukaku; Belgium international is training away from first-team squad
Sky Sports News Reporter @skysports_sheth
Tuesday 22 August 2023 16:58, UK
Positive talks continue between Monaco and Arsenal over the signing of striker Folarin Balogun, with Chelsea also interested in the US international.
The Blues have held tentative talks with intermediaries over the conditions of a potential deal for the 22-year-old.
But one source has told Sky Sports News that Arsenal's asking price for Chelsea would be higher than if Balogun was to move abroad.
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French side Monaco have yet to go back in with an improved bid for Balogun — but it is understood the discussions are centred on coming to a broad agreement on a fee before finalising payment structure.
So far, Arsenal have not budged on their £50m valuation.
Personal terms are not expected to be a problem and Balogun is open to the move to the Ligue 1 outfit.
He spent last season on loan in France at Reims and scored 21 league goals in 34 starts.
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Chelsea's interest in Balogun comes amid an uncertain future for Romelu Lukaku at Stamford Bridge.
Chelsea are still looking at viable exit options for the striker while he continues to train away from the first-team squad.
Lukaku favours a move to Juventus and the Italian side want to do a deal. However, they need to sell to be able to fund a permanent transfer.
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