Inter Milan have given up in their chase for Arsenal striker Folarin Balogun’s signature.
As reported by Fabrizio Romano, writing on his Twitter page, Inter Milan are unwilling to match Arsenal’s valuation of Folarin Balogun and are now exploring other targets.
With the Italian club considering Balogun to be too expensive, the young forward’s future has once again been thrown into doubt. There is no obvious place for him at Arsenal, with Gabriel Jesus and Eddie Nketiah seemingly Mikel Arteta’s preferred options to lead the line.
Balogun is also desperate to maintain the regular football he enjoyed whilst on loan with Reims last season. It was the 22-year-old’s prolific stint in Ligue 1 that first caught Inter Milan’s eye. The New York born forward bagged 22 goals for the French side.
With Arsenal having spent so heavily this summer, cashing in on Balogun will be a priority for the club. The Gunners will be desperately disappointed that Inter Milan aren’t willing to stump up the £50 million asking price for the USA international.
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However, Arsenal are making the right choice by holding fast to their demands.
Arsenal need to change their reputation
Arsenal’s record for selling players is poor. Far too many first team stars have been allowed to leave on free transfers or for minimal fees in recent years. The likes of Alexandre Lacazette, Hector Bellerin, Willian, David Luiz, and Pierre-Emerick Aubameyang have been allowed to leave the club for nothing in the last two summers alone. In that time, the north London club also received very low fees for Matteo Guendouzi, Lucas Torreira, and Bernd Leno.
These kind of deals have promoted the notion of Arsenal being a ‘soft touch’ in the market. Clubs will be encouraged to low-ball the Gunners when bidding for their players, as Arsenal have a history of selling cheap.
This is a reputation the club need to fix. Refusing to drop the asking price for Balogun is a good start. Even if the club can’t offload the player this summer, they are showing that they won’t be bullied into a cut price deal.