Arsenal could get back HALF the Declan Rice fee from West Ham this summer, via a single sale: report

Arsenal manager Mikel Arteta during the Premier League match between Arsenal FC and Nottingham Forest at Emirates Stadium on August 12, 2023 in London, England.
(Image credit: Stuart MacFarlane/Arsenal FC via Getty Images)

Arsenal could recoup as much as half what they paid for Declan Rice from West Ham United this summer, as the window comes to an end.

It's been a hectic transfer window for Mikel Arteta, as the Gunners have spent a whopping £200 million improving their squad. Rice was headline buy, smashing the British transfer record of £100m plus £5m in add-ons before Chelsea smashed it to sign Moises Caicedo.

But with Arsenal now focused on outgoings, they may be able to rake in £50m of the money that they gave West Ham – with the Irons circling for one of their stars.

Declan Rice in action for Arsenal

Declan Rice cost nine figures (Image credit: Getty Images)

According to The Mail, West Ham are among the clubs who have contacted Arsenal over signing young United States forward Folarin Balogun. 

Balogun scored 21 goals on loan at Reims in France last season but with Gabriel Jesus, Eddie Nketiah, Leandro Trossard and Kai Havertz all above him in the pecking order, the 22-year-old is seeking first-team football elsewhere.

VIDEO: Who's Winning The Premier League This Season?

The Gunners have slapped a price tag of £50m on Balogun's head but have so far found it difficult to find buyers. Monaco look closest to signing the starlet right now – but West Ham have the power to make a move.

If West Ham really want Balogun, they have the financial might to match the asking price, thanks to Arsenal buying Rice. It remains to be seen whether or not they are willing to part with half of the fee they got for their captain on a player who is unproven in the Premier League, however. 

Folarin Balogun #20 of the United States scores a goal and celebrates during the CONCACAF Nations League Final game between United States and Canada at Allegiant Stadium; on June 18, 2023 in Las Vegas, Nevada.

Folarin Balogun is wanted by a host of clubs (Image credit: Robin Alam/ISI Photos/Getty Images)

The Evening Standard claimed that bitter north London foes Tottenham enquired about the star, while Fulham and Inter Milan have all been linked with a move

Balogun is valued at €30m by Transfermarkt

More Arsenal stories

Arsenal transfer news is coming thick and fast as we enter the final few weeks of the summer window.

The Gunners are reportedly willing to offer two players to Inter Milan in exchange for Nicolo Barella – and they could be about to complete the signing of David Raya from Brentford on quite an unusual basis. Arsenal are also said to have made an audacious approach for one of Barcelona’s most exciting young talents.

In FourFourTwo's Season Preview, we ask whether Arsenal are truly back, following last season's title challenge.

Mark White
Content Editor

Mark White has been at on FourFourTwo since joining in January 2020, first as a staff writer before becoming content editor in 2023. An encyclopedia of football shirts and boots knowledge – both past and present – Mark has also represented FFT at both FA Cup and League Cup finals (though didn't receive a winners' medal on either occasion) and has written pieces for the mag ranging on subjects from Bobby Robson's season at Barcelona to Robinho's career. He has written cover features for the mag on Mikel Arteta and Martin Odegaard, and is assisted by his cat, Rosie, who has interned for the brand since lockdown.

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