Arsenal have entered the summer transfer window with clear ambitions after ending their long wait for the Premier League title.
Mikel Arteta’s side also reached the UEFA Champions League final. However, Paris Saint-Germain denied them a memorable double with victory on penalties.
Despite their domestic success, Arsenal have wasted little time preparing for another busy transfer window.
The club wants to strengthen several positions after Arteta publicly admitted improvements remain necessary if the Gunners are to establish themselves as Europe’s dominant force.
However, Arsenal’s transfer budget may receive an unexpected boost without the club needing to sell a current first-team player.
A former striker has continued his impressive development abroad, placing himself firmly on the radar of several Premier League clubs.
According to CaughtOffside, Folarin Balogun has emerged as a target for six Premier League sides after impressing for Monaco and during the ongoing World Cup.
The report adds that the French club could consider offers worth around £43 million this summer.
Although Balogun left the Emirates Stadium permanently, Arsenal protected their long-term interests by inserting a sell-on clause into the agreement with Monaco.
As a result, the North London club could receive around £7.5 million if the striker completes a transfer.
Balogun has enhanced his reputation with consistent performances in Ligue 1 before carrying that form onto the international stage.
He has already scored two goals in the same number of appearances for the USA.
His displays have strengthened interest from England, creating a realistic possibility of another high-profile move during the current transfer window.
Balogun’s next decision will ultimately determine whether Arsenal receive that unexpected windfall.
If Monaco agrees to a £43 million sale, the Gunners will benefit financially despite the striker leaving North London two years ago.
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