Arsenal hotshot Folarin Balogun wanted by FIVE clubs as Gunners slap mammoth transfer fee on his head

ARSENAL hotshot Folarin Balogun is reportedly wanted by five clubs.

But the Gunners are determined to cash in on the striker this summer.

Folarin Balogun is being chased by five clubs… but is valued at £50m by ArsenalGetty

And they have slapped a mammoth £50million transfer price-tag on him after a brilliant loan spell abroad.

Balogun, 22, has clocked up 10 appearances for Arsenal since his debut in 2020.

He spent the past season on loan at Reims, finishing as Ligue 1’s fourth-top scorer with 21 goals in 37 outings.

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

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

And the £65million addition of Kai Havertz from Chelsea gives Arsenal another dimension to their frontline.

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

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

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And a deal could be on after Balogun entered the final two years of his Gunners contract.

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

Arteta and Edu have overseen a £200m transfer splurge that’s set to include West Ham’s Declan Rice and Ajax’s Jurrien Timber.

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

But it’s now claimed they are holding out for £50m after he out-scored Lionel Messi in France.

Whether Arsenal get that fee is another question, with the two Milan sides notorious for their bargain hunting and negotiation skills.

RB Leipzig are already well-stocked in attack following the arrival of Benjamin Sesko from Salzburg.

While Monaco and Marseille are unlikely to have those kinds of funds laying around for one player.

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