Arsenal hotshot Folarin Balogun is wanted by FIVE clubs as the Gunners hand him a huge transfer fee

Arsenal star Folarin Balogun is reportedly wanted by five clubs.

But the Gunners are determined to monetize the forward this summer.

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And they have handed him a whopping £50million transfer fee after a brilliant loan abroad.

Balogun, 22, has made ten appearances for Arsenal since making his debut in 2020.

He spent last season on loan at Reims and became Ligue 1’s fourth-top scorer with 21 goals in 37 games.

But despite his fine form, Balogun’s future at the Emirates looks uncertain.

Mikel Arteta already has Gabriel Jesus and Eddie Nketiah leading his attack.

And the £65million signing of Kai Havertz from Chelsea adds a new dimension to Arsenal on the front line.

The Mail claims clubs are now circling Balogun after seeing his results in France.

AC Milan, Inter Milan, RB Leipzig, Monaco and Marseille are all interested in signing the USA international.

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And a deal could materialize after Balogun enters the final two years of his Gunners contract.

However, Arsenal have no intention of letting their academy ace go for pennies.

Arteta and Edu have overseen a £200million transfer fee that is also said to include West Ham’s Declan Rice and Ajax’s Jurrien Timber.

SunSport exclusively revealed Arsenal want at least £35m for Balogun to help offset some of those costs.

However, now it is claimed they are waiting for £50m after he has scored more goals than Lionel Messi in France.

Whether Arsenal will get that transfer fee is another question as the two Milan sides are notorious for their bargain-hunting and negotiating skills.

RB Leipzig is already well positioned in attack after signing Benjamin Sesko from Salzburg.

While Monaco and Marseille are unlikely to have such funds for a player.

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