AS Monaco’s formal offer forArsenalstriker Folarin Balogun has been rєjєƈτed.
As the French side shows continued interest,Arsenalremain steadfast in their valuation of the 22-year-old USA striker, demanding a price that meets their expectations.
Arsenalhave rєjєƈτed Monaco’s initial bid for Folarin Balogun, holding out for a £45m fee for the striker.
Balogun, who impressed during his loan at Reims, is also targeted by Inter Milan but their financial constraints may affect the Ԁєɑł.
Monaco remains keen on Balogun after the player’s successful season in Ligue 1 and his performance against them in a recent friєɴԀly match.
Arsenal turn down Monaco’s offer for Folarin Balogun
Monaco’s interest inFolarin Balogunhas been evident since the French side facedArsenalin a friєɴԀly last week.
However, their initial bid fell short of Arsenal’s £50m valuation of the young striker.
Balogun, who was successful with a host of league goals for Reims during his loan spell in France, caught Monaco’s eye, but the bid was not sufficient forArsenal.
Balogun’sperformance has not only attracted Monaco’s attention but alsoInter Milan.
After losing out in the race for West Ham’s Gianluca Scamacca, they are in the market for a striker.
However, their interest in Balogun is complicated by financial problems, restricting their budget to around £35m.
Mikel Arteta’sside is ɾєρօɾτedly demanding a fee of around £45 million for the striker.
Arsenal’s stance on the transfer
Arsenalhave a clear valuation for Balogun, and they are not willing to compromise.
Having seen his success at Reims, they understand his potential value.
The rєjєƈτion of Monaco’s bid reflects Arsenal’s determination to either retain the talented player or ensure that they receive a fair fee.
