Arsenal report: £50m star wanted by London rivals in surprise bid – which could suit Gunners perfectly

Arsenal manager Mikel Arteta arrives at the stadium prior to 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 be about to part with a £50 million player – potentially selling to another London club – in order to generate a cash injection for the final weeks of the window.

The Gunners have spent £200m this summer on the likes of Declan Rice, Kai Havertz, Jurrien Timber and David Raya, the latter of which is only a loan with an option to buy next summer permanently. With Financial Fair Play to consider, manager Mikel Arteta has earmarked players for sale for a number of weeks and had begun to trim his squad, happy with the improvements that he had made.

But Timber has put a spanner into those plans, after picking up an ACL injury in Arsenal's opening Premier League match against Nottingham Forest. Now, the need to offload deadwood may accelerate as Arteta looks for a replacement for the Dutchman during his lengthy layoff. 

Jurrien Timber of Arsenal receives medical treatment during a match

Jurrien Timber may have been ruled out for the season already (Image credit: Getty Images)

According to the Daily Mail, Fulham are considering moving for Arsenal's £50m-rated Folarin Balogun, with Serbian striker Aleksandar Mitrovic set to leave for Al-Hilal in Saudi Arabia.

The Whites have managed to bring in Raul Jimenez from Wolverhampton Wanderers and secured a win in their game week 1 fixture against Everton without Mitrovic from the start. Should they receive a generous figure for the 28-year-old – who fired an unbelievable 43 goals in 44 games during Fulham's promotion campaign of 2021/22 before netting a further 14 in 24 last term – they could be persuaded to buy Balogun. 

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United States international Balogun managed 21 Ligue 1 goals on loan at Will Still's Reims last term and in Arsenal's bid to find him a new permanent club, the north Londoners have struggled to find a suitor who matches their valuation. Italian journalist Alfredo Pedulla confirmed that Inter Milan pulled out of the race for the forward when a €35m bid was rejected. 

Fulham might not have to pay £50m, either. With Arsenal looking unlikely to get that figure, the Cottagers might find that £35m-£40m is enough – and with Fulham able to sign goalkeeper Bernd Leno for relatively cheap with add-ons depending on Premier League status, they could well broker a similar deal on a bigger scale. 

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 of interest to Fulham (Image credit: Robin Alam/ISI Photos/Getty Images)

Arsenal are also believed to be open to sales for Kieran Tierney, Rob Holding and Nicolas Pepe before returning into the market to secure a replacement for Timber. 

Transfermarkt values Balogun at €30m.

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 is the Digital Content Editor at FourFourTwo. During his time on the brand, Mark has written three cover features on Mikel Arteta, Martin Odegaard and the Invincibles, and has written pieces on subjects ranging from Sir Bobby Robson’s time at Barcelona to the career of Robinho. An encyclopedia of football trivia and collector of shirts, he first joined the team back in 2020 as a staff writer.