Monaco in Ligue 1 has welcomed Folarin Balogun, the talented Arsenal striker, following an impressive stint at Stade de Reims, during which he netted 22 goals.
The young prodigy has committed to a five-year tenure with the French club.
Arsenal’s coffers will be enriched by €40m (£34.4m) as part of Balogun’s move to Monaco, and a stipulation of a 17.5% share in any future sale has been included in the arrangement.
Having been part of Arsenal since the age of 10, Balogun didn’t manage to secure any competitive playtime with the Gunners this season, having returned from his loan experience with Reims.
Balogun faced an uphill battle for a starting role in Arsenal’s forward lineup, given the presence of eminent figures like Gabriel Jesus, Eddie Nketiah, Kai Havertz, and Leandro Trossard, who were ahead of him in the selection hierarchy.
