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<p style="display: none;">Article continues below</p><script type="application/json" data-placement="betting-e2">{"type":"betting-e2","data":{"key":{"mobile":"fb9f812b41240655c161bb3d4ad2cf3f","desktop":"671024543858da3e0dfea5d9450ab1a4"}}}</script><p style="display: none;">Article continues below</p><p style="display: none;">Article continues below</p><script type="application/json" data-placement="fcplayer-semantic">{"type":"fcplayer-semantic","data":{"embedCode":"//cdn.fcp.codes/embed-code-template/embed-code-template.js#SEMANTIC_5704afb8-c10b-4ba5-9cb4-d7fb6098ef90"}}</script><ul><li>American striker is a wanted man</li><li>Linked with clubs across Europe</li><li>Any deal will not come cheap</li></ul>

Explained: Why Folarin Balogun price tag is higher for Chelsea & Spurs than it is for transfer rivals in race for Arsenal’s USMNT striker

<p>The Gunners are aware of the <a href="https://www.goal.com/en/lists/chelsea-folarin-balogun-transfer-approach-usmnt-star-open-joining-arsenal-rivals/blt73f055289a112c06" target="_blank">mounting interest being shown in United States international</a> Balogun. He was <a href="https://www.goal.com/en/lists/why-are-arsenal-selling-folarin-balogun-how-much-usmnt-star-worth-will-gunners-regret-transfer-ray-parlour/blt76fc058e0584760e" target="_blank">expected to have been on the move before now</a> after hitting 21 goals while on loan at Ligue 1 side Reims last season.</p>

WHAT HAPPENED?

<p>Balogun is <a href="https://www.goal.com/en/lists/how-much-folarin-balogun-unhappy-arsenal-asking-price-west-ham-join-transfer-race-usmnt-striker/blt5bedb04869503d8f" target="_blank">eager to find regular first-team football</a> and has been edging his way towards the exits at Emirates Stadium – with leading sides from across Europe mulling over moves for his services. Chelsea and Spurs are said to form part of that pack, but the <a href="https://www.dailymail.co.uk/sport/football/article-12437917/Arsenal-100m-player-sales-Monaco-Folarin-Balogun-bid-Gabriel-host-names-Gunners-considering-selling.html " target="_blank"><em>Daily Mail</em></a> claims that they will need to <a href="https://www.goal.com/en/lists/explained-why-arsenal-want-folarin-balogun-break-club-record-transfer-window/bltc4708ecf5b3d4003" target="_blank">meet a full £50 million ($63m) valuation</a> in order to get a deal done.</p>

THE BIGGER PICTURE

<p>That is because Arsenal are reluctant to do business with a Premier League rival – particularly London neighbours – and will not offer any discount to domestic foes. With that in mind, Monaco remain favourites to land the highly-rated 22-year-old after already seeing one offer knocked back.</p>

AND WHAT'S MORE

<p>Balogun has <a href="https://www.goal.com/en/lists/usmnt-star-folarin-balogun-summer-transfer-eddie-nketiah-arsenal/bltec48ce360910789c" target="_blank">not been included in Arsenal’s matchday squad</a> at the start of the 2023-24 season, while <a href="https://www.goal.com/en/news/revealed-why-usmnt-folarin-balogun-didnt-play-arsenal-barcelona-transfer-talk/blt1ae30f5cf30837e5" target="_blank">spending time training away from the rest of Mikel Arteta’s squad</a>, and is set to form part of a mass exodus from the Emirates before the summer deadline passes on September 1.</p>

WHAT HAPPENS NEXT?

Explained: Why Folarin Balogun price tag is higher for Chelsea & Spurs than it is for transfer rivals in race for Arsenal’s USMNT striker | Goal.com English Oman

Chelsea and Tottenham will reportedly have to pay more for Folarin Balogun than transfer rivals, with Arsenal setting different asking prices.

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