Folarin Balogun Arsenal 2023-24Getty
Harry Sherlock

Folarin Balogun medical scheduled! Arsenal and Monaco reach €40m agreement as striker nears Ligue 1 return

Folarin BalogunArsenalMonacoLigue 1Transfers

Folarin Balogun is set to join Monaco from Arsenal as the two clubs have agreed a €40 million (£34m/$43m) fee, and his medical has been booked.

  • Balogun poised for move
  • Monaco and Chelsea agree fee
  • Medical booked this weekend

WHAT HAPPENED? Monaco and Arsenal have now agreed a package worth €40m for Balogun to move to the Ligue 1 club, and his medical will take place this weekend, Fabrizio Romano reports. The Gunners will also retain a significant sell-on clause.

THE BIGGER PICTURE: Balogun has experience in France's top-flight, having scored 22 goals for Reims last season while on loan from the Gunners. He is now poised to return, having made just 10 senior appearances for the north London club.

IN THREE PHOTOS:

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ARsenal Balogun 2023Getty

Youssouf Fofana celebrates Arsenal Monaco pre-season 2023Getty

Mikel Arteta Arsenal 2023-24Getty

WHAT NEXT? Monaco will hope to complete the formalities of the deal and add Balogun to their squad as quickly as possible.

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