Transfer: Arsenal hike-up Balogun price

Premier League giants Arsenal are holding out for £50 million for their striker Folarin Balogun.

The United States international has seen his stock rise massively over the past few months.

An impressive loan at Reims and a good start to his USA career means he is sought after.

Per The Sun, Inter Milan, AC Milan, Marseille, Monaco and RB Leipzig are all in the mix for his signature.

However, the Gunners are not going to sell for a low fee, as they want big money for the 22-year-old.

A bidding war is very likely and manager Mikel Arteta can use those funds to sign other targets.