Arsenal striker Folarin Balogun chased by two European giants with transfer situation ‘to be clear this week’

FOLARIN BALOGUN is reportedly being chased by two European giants as he continues to be linked with a move.

The Arsenal striker has been the target of considerable interest this summer after starring on loan last season.

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Inter Milan and Monaco both want to sign Folarin Balogun[/caption]

Balogun scored 21 goals for Reims in Ligue 1, with only three players netting more than him.

However, his future at the Emirates Stadium remains unclear, with Arsenal open to a sale if their £45million valuation is met.

According to Fabrizio Romano, Inter Milan and Monaco both remain interested in the 22-year-old.

Monaco have already had two bids rejected, with their latest proposal knocked back on Monday.

The French side are expected to come back in with another offer, though.

Balogun is their top target to replace Breel Embolo, who is sidelined with an anterior cruciate ligament injury.

As for Inter, they have been linked with a move for Balogun throughout the window.

The report adds that both sides expect the situation to become clear this week.

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West Ham had also eyed a deal to sign Balogun earlier in the summer but their interest has since cooled.

As well as impressing on loan at Reims, Balogun made his senior international debut in June.

He scored once in two matches for the USA to help them win the CONCACAF Nations League.

His debut came after he announced he had switched allegiance from England to play for the USA.

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