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Arsenal set bargain price tag on sought-after U23 striker

Arsenal have reportedly set a price for contract rebel Folarin Balogun – and are ready to let him leave for £8 million this summer.

He has refused to put pen to paper on a new contract at the Emirates and is willing to run down his deal to leave on a free.

Mikel Arteta was keen for the sensation to stay, but Balogun is concerned over the opportunities he’ll be afforded in the first team.

His deal expires at the end of next season and, with him looking to leave for free, Arsenal are now considering to let him leave this summer.

Brentford, who are one win away from the PL via the Championship play-offs – they face domestic rivals Fulham in Tuesday’s final – are at the front of the queue to land him.

However, the Gunners’ price is considered to be high, according to Sky Sports.

The price is viewed as inflated as Folarin is yet to make his debut for the first team, while he has only 12 months left on his contract.

Liverpool are among the sides who have tracked his progress, while some of Germany’s top outfits are also interested. Arteta admitted last month that he wants to keep the talent at the Emirates.

Discussing his future and that of fellow academy product Bukayo Saka – who has since signed a fresh deal, Arteta said:

‘I’m not worried because I know the club is trying to keep them. They know how much I like working with them and hopefully we can find agreements with them.’