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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
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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.