Everton enters negotiations with AS Monaco for striker Folarin Balogun

Everton is in discussions with AS Monaco regarding a potential transfer for Folarin Balogun. The striker has reportedly reached an agreement on personal terms with the Merseyside club, leaving the two sides to finalize a transfer fee. While initial reports suggested a lower valuation, subsequent claims indicate a proposed deal could exceed €40 million. The move is contingent on the departure of Beto, who is currently linked to a transfer to Fiorentina. Arsenal retains a 17.5% sell-on clause for the striker, meaning the club will receive a portion of the fee if the transaction is completed. Monaco has acknowledged the player’s desire to move as the clubs continue negotiations.

• 1:05 PMYahoo Sports — Arsenal in line to profit as Everton pursue £34m+ signing