Folarin Balogun has joined AS Monaco from Arsenal, the French Ligue club announced. The 22-year-old forward, according to Fabrizio, joined AS Monaco on a deal in excess of €40m package, €30m plus significant add-ons structure. Arsenal will have a sell-on clause, it was always a crucial point in negotiations. It will be a bit less than 20%.
Balogun made his senior debut in 2020 with Arsenal and after three years of failing to convince Mikel Arteta for a first team jersey, he has been loaned to Middlesbrough and Reims in that space of time before making a permanent move to Monaco.
The American international had a convincing season with Reims last season, where he sold out his name to the world. (22 goals and 6 assists in 39 matches) and earning him several nominations for the UNFP trophies for best player of the month.
