Arsenal set to receive bid for their 22-year-old, loan with obligation to buy for £30m

Journalist Chris Wheatley was speaking on the NationalWorld TV YouTube channel about the 22-year-old.

 

Arsenal to receive bid for Balogun

Speaking about the young striker’s future, Wheatley said: “Well judging by Mikel Arteta’s comments after recent friendly matches, he’s going to take a look at Flo Balogun before making any final decision on his future.

“Now, we know Balogun had an amazing season out in France last season and because of that he’s attracted a lot of interest.

“That interest is coming from some big clubs as well. Inter in Italy are really interested in signing him.

“The only issue there that I can see is the finances that they are currently weighing up that they’re going to offer Arsenal is not exactly what Arsenal are looking for.

“Now, the first bid that they are looking to prepare is a loan deal, but it’s going to be a loan deal with an obligation to buy.

“So, we expect a €5m [£4.3m] fee with an obligation to buy for €35m [£30m].

“Now, that is not really a lot of money when you consider what Flo Balogun did in France last season.”

 

Arsenal are very unlikely to accept the first bid they receive for Balogun especially because there are other clubs interested.

If they’re going to sell him this summer, they will hope a bidding war breaks out first to push his price up.

Right now, he’s training away from the rest of the first-team squad on their pre-season tour.

Clubs may see that as a sign that they need to act fast if they want to sign the exciting striker.