Mikel Arteta, the manager of Arsenal, has shed light on the rationale behind Arsenal’s decision to greenlight a €40 million (£34m/m) transfer deal with Monaco for the talented USMNT star, Folarin Balogun.
After delivering a remarkable performance during a loan stint at Ligue 1’s Reims last season, the United States international is set to return to France to further his development in the 2023-24 season. The 22-year-old striker had been vocal about his desire for consistent playing time.
In light of Arsenal’s existing roster, which includes Gabriel Jesus and Eddie Nketiah, they found accommodating Balogun in their squad challenging. Consequently, they have secured a substantial profit on their homegrown talent and included a sell-on clause in their agreement with Monaco, ensuring a mutually advantageous outcome.
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