Arsenal product Folarin Balogun will undergo his medical at AS Monaco this weekend after the Ligue 1 team included a sell-on clause in the terms of the forward’s transfer.
That is according to Fabrizio Romano, who reports for The Guardian that Arsenal will receive a ‘significant’ sell-on clause in the transfer of Balogun to Monaco. While the deal will see the Gunners get €40m (£34.5m) and the 22-year-old sign a long-term contract after a medical.
Arsenal only accepted the terms of Monaco’s proposal after the Principality outfit agreed to include the sell-on clause. Romano does not specify the value of their bonus clause, except that it is ‘significant’. But it can guarantee the Emirates Stadium club a further sum later on.
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Arsenal secure a sell-on clause in Balogun’s transfer to Monaco
Monaco pushed to sign Balogun after he lit up Ligue 1 whilst on loan at Stade de Reims last season. The Hale Ender scored 21 goals in 37 French top-flight fixtures, including hitting the back of Les Monegasques’ net once. He gave Reims a 1-0 win at the Stade Louis-II in March.
Further goals against Paris Saint-Germain, Marseille, Stade Rennais and RC Lens highlighted Balogun’s potential in France, as well. But Mikel Arteta kept the attacker third in his pecking order at Arsenal. The Spaniard favoured Gabriel Jesus and Eddie Nketiah to lead their attack.
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Arsenal will hope Balogun impresses just enough back in Ligue 1
Now, Balogun will join Monaco in a permanent transfer once the Arsenal product passes his medical. He may then debut for Adi Hutter’s side at home to Lens on September 2. Monaco have opened the 2023/24 Ligue 1 campaign with two wins and a draw with 10 goals scored.
Arsenal will hope Balogun impresses enough at the Stade Louis-II to secure a future transfer and trigger their sell-on clause. But the Gunners will also hope the forward, who has scored once through his two caps for the USMNT so far, does not make their decision to sell wrong.