Arsenal finally settles the long standoff between them and promising youngster Folarin Balogun. The player has agreed to commit his future to the North London club.
Amid the crisis period, Arsenal fans have some great news to cherish. No, they are not heavily linked with a world-class player but it is news of a contract extension for a promising future star.
Folarin Balogun has signed a new deal with the Gunners after a lengthy impasse. It is believed that Mikel Arteta and Edu Gasper played a crucial role in convincing the player to sign the extension.
One of the most reliable transfer journalists, Fabrizio Romano, tweeted:
"Folarin Balogun has signed his new contract with Arsenal until June 2025, done and completed. He received more than 15 proposals to sign as a free agent – Bayer Leverkusen made the biggest one. Edu Gaspar and Arteta convinced Balogun to stay and sign a new contract"
Folarin Balogun has signed his new contract with Arsenal until June 2025, done and completed.
— Fabrizio Romano (@FabrizioRomano) April 14, 2021
He received more than 15 proposals to sign as a free agent - Bayer Leverkusen made the biggest one. Edu Gaspar and Arteta convinced Balogun to stay and sign a new contract. ⚪️🔴 #AFC https://t.co/qXWfnrp5zW
Arsenal came very close to losing Folarin Balogun during the January transfer window
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Previously, in an article dated back to January 7th, 2021, we had mentioned that the negotiations between the club and the player have hit a roadblock.
It was also rumored that the youth sensation was on the verge of signing a pre-contract agreement with a foreign outfit. Bayer Leverkusen, Sheffield United and Brentford FC were all looking to acquire the services of the player.
However, Arsenal will now keep hold of Balogun until 2025. The duration of the contract will be four years, which includes media duties as well. The only thing left to be done, Arsenal are yet to officially announce the new deal.
The 19-year-old is in phenomenal form for Arsenal U23s. He has started in all 17 games and has 10 G/A to his name. All of his goals have been non-penalty goals this season.
Owing to his consistent performances, the club has promoted him to the senior side. For Arsenal and in European competitions, Folarin Balogun has two in four games. All of his four appearances have come from starting on the bench for the senior side.
Alexandre Lacazette will be 30 in May and the club are reluctant to offer him a new contract which is set to expire in June 2022. Folarin Balogun will have a crucial role to play in the upcoming seasons for Gunners.