Sources: Chelsea want €55m-rated former Arsenal ace with 24-G/A last season

In England, Newcastle United and Chelsea are monitoring developments. Newcastle are searching for a reliable striker after last summer’s spending failed to deliver results, while Chelsea views Balogun as an intriguing option thanks to his potential and American ties, despite already having a crowded forward line. Barcelona have also been linked, reportedly considering him as a long‑term successor to Robert Lewandowski.

Balogun impressed last season in France, scoring 19 goals and providing 5 assists. For the United States, he has 29 caps and 11 goals. His current market value is listed at €40m, but Monaco’s asking price sits well above that.

With Balogun’s intention to leave now clear and major clubs circling, the coming weeks could see his future resolved, potentially marking the start of a new chapter in his career.