According to Fabrizio Romano, Folarin Balogun will seal his exit from Arsenal today.
AS Monaco welcomed the USA striker yesterday ahead of a medical and he is expected to sign on the dotted line in the coming hours.
Arsenal will receive £34m if all of Balogun’s add-ons are activated and have a sell-on clause in the deal.
Elsewhere, Nuno Tavares will sign documents as a new Nottingham Forest player today.
Arsenal will receive a loan fee close to £2m plus a £12m buy option clause which is not mandatory.
This will be a tidy boost to Arsenal’s transfer fund and one they may wish to spend quickly.
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