Monaco are on the cusp of a significant move in the transfer market as they close in on signing talented striker Folarin Balogun. According to Sky Sports’ Dharmesh Sheth, the Ligue 1 club are nearing a verbal agreement with Arsenal for their academy graduate.
Monaco Close to Acquiring Folarin Balogun From Arsenal
Formal Offer and Payment Terms to Follow
Les Monegasques’ pursuit of the USMNT striker has taken a decisive step forward, with reports indicating that the two clubs are inching closer to a verbal agreement on the transfer fee. The next phase involves the French outfit formalizing their interest with a concrete offer to the Gunners
As per Sheth, the payment terms will also be discussed by the two clubs very soon. Additionally, personal terms between the Ligue 1 side and the 22-year-old, who was once compared to Arsenal legend Ian Wright, have already been agreed in principle.
Watch: Are Arsenal Good Enough to Win the Premier League This Season?
Balogun’s Impressive Stint at Reims
The Brooklyn-born star showcased his abilities during a loan spell at Reims in the French league last season, where he demonstrated his goal-scoring prowess with remarkable consistency.
Balogun’s achievement of netting 21 goals in 34 starts for Reims underscored his potential as a top-tier striker, capturing the attention of clubs across Europe.
As Monaco inches closer to securing his services, the transfer represents not only a new chapter in the player’s career but also a significant step in the club’s plans to bolster their squad. The transfer could very well be a defining moment for both the club and Balogun himself.
Featured Image: Lloyd Morgan, CC BY-SA 2.0.