Home » Ligue 1 Team Monaco Sign Balogun From Arsenal In £34m Deal

Ligue 1 Team Monaco Sign Balogun From Arsenal In £34m Deal

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Arsenal striker, Folarin Balogun, has now joined Monaco in Ligue 1 after a successful season with Stade de Reims, where he scored 22 goals.

The young Gunners striker has signed a five-year contract with the French team. Arsenal will receive €40m (£34.4m) for Balogun’s transfer to Monaco, and they have included a 17.5% sell-on clause in the deal.

Balogun, who has been with Arsenal since the age of 10, did not make any competitive appearances for the Gunners this season after returning from his loan spell at Reims.

Balogun faced tough competition for a starting spot in the Arsenal forward line, with Gabriel Jesus, Eddie Nketiah, Kai Havertz, and Leandro Trossard ahead of him in the pecking order. But the young striker who is in search of regular football had to find a new team where he can showcase his striking prowess.

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