Arsenal will reportedly slash Folarin Balogun’s asking price in order to sell the 21-year-old striker this summer.

According to the Daily Express’ Ryan Taylor, the Gunners are keen to offload the USA international, though finding an interested party has proven difficult for Arsenal.

Balogun’s original asking price of £50m is yet to be matched by a single club, with Arsenal already losing interest in one potential suitor in Inter Milan, who viewed the youngster as too expensive.

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As a result, Arsenal are now slashing Balogun’s asking price, with the forward set to leave north London on a permanent deal after a record-breaking year in France last season.

The striker bagged an incredible 21 goals in 37 Ligue 1 appearances for Reims, breaking numerous records for the French club and in the division as Balogun asserted himself on the footballing map in a big way.

Arsenal can still secure good fee for Balogun this summer

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Arsenal are aware that they have a potential goldmine on their hands in Balogun, and whilst £50m would be a fair price for the striker in this market, the Gunners simply won’t attract an offer that big for the forward.

However, that’s not to say Arsenal can’t get a good deal out of selling Balogun, with many fans keen to see the striker leave with a buyback clause inserted in case the attacker once again breaks more goalscoring records.

Indeed, the sale of Balogun will have to happen eventually this summer, and Mikel Arteta knows that he will have to go about this departure in a smart way to get the best deal possible for the youngster.

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