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Soccer

LIGUE 1

Folarin Balogun completes move to AS Monaco from Arsenal

The USMNT forward joins the Ligue 1 club from the Gunners on a deal until 2028.

Kieran Quaile
Kieran Quailekquaile90
Reims' English forward Folarin Balogun celebrates scoring his team's first goal during the French L1 football match between Stade de Reims and Montpellier Herault SC at Stade Auguste-Delaune in Reims, northern France on June 3, 2023. (Photo by Sameer Al-DOUMY / AFP)
SAMEER AL-DOUMYAFP

AS Monaco have announced the signing of Folarin Balogun from Arsenal. The USMNT forward joins the Ligue 1 club on a deal until 2028.

The deal is worth a reported €30m ($33m) plus €10m ($11m) in add-ons. Monaco were on the lookout for a striker following Breel Embolo’s long-term injury and the departure of Kevin Volland.

Balogun’s record in 2022-23

Balogun spent last year on loan at French side Stade de Reims but returned to his parent club Arsenal at the end of the season. Playing under Reims’ highly-rated head coach Will Still in Ligue 1 in 2022-23, he scored 21 goals in 37 league games.

Monaco saw their initial offer for the 22-year-old rejected by Arsenal but have finally landed the talented goalscorer. Serie A outfit Inter were also interested in a move for the forward but eventually pulled out of the race to land the player born in New York.