Everton handed Folarin Balogun boost as Monaco open door to sale

Everton have been presented with a potential opportunity to sign Folarin Balogun this summer, with Monaco reportedly prepared to sell the striker if their valuation is met.

According to claims in England, the USA international is expected to leave the Ligue 1 side during the current transfer window, and David Moyes could look to take advantage as Everton continue their search for a reliable goalscorer.

Balogun has enhanced his reputation further at the 2026 World Cup, scoring twice and providing an assist as the United States progressed through the tournament. His performances have only increased interest from clubs across Europe, including those in the Premier League.

Monaco are reported to value the former Arsenal academy graduate at more than £40million and would be willing to sanction a transfer if their asking price is met.

The French club signed Balogun from Arsenal in 2023 and remain protected by a contract that runs until 2028. However, there are currently no indications that discussions over an extension are taking place.

That has opened the door to a possible departure, with Balogun understood to be open to a new challenge after three seasons in Ligue 1.

Monaco would also stand to make a significant profit on the striker, having paid around £25.7million to secure his services from Arsenal.

Finding a consistent goalscorer remains one of Everton's priorities this summer.

While Beto and Thierno Barry have both had opportunities to establish themselves as the club's leading striker, neither has completely solved Everton's long-standing issues in front of goal.

That reality could push Moyes towards the market for another centre-forward, and Balogun's profile is likely to appeal.

Still only 24, the striker combines top-level experience with room for further development, while his previous spell in English football means he would already be familiar with the demands of the Premier League.

His successful loan spell at Stade Reims demonstrated his ability to score regularly at senior level, and his recent World Cup performances have reinforced the belief that he is returning to his best after injury difficulties affected parts of the 2024/25 campaign.

Everton are unlikely to have a free run at the striker.

Reports suggest several clubs are monitoring the situation, although no move is currently believed to be at an advanced stage.

That could provide the Toffees with an opportunity to position themselves early if Moyes decides Balogun is the right player to lead his attack.

The biggest question may ultimately be financial. Monaco's valuation represents a significant investment, and it remains unclear whether Everton's owners, The Friedkin Group, are prepared to commit that level of spending on a single signing.

Balogun's World Cup involvement means any transfer developments may take time, but interest is expected to increase as the tournament progresses. Everton now know the level of investment required and must decide whether to pursue formal talks with Monaco.

With no advanced negotiations currently reported, the coming weeks are likely to determine whether Moyes views the American striker as his priority target or explores alternative options in the market.

Would Folarin Balogun be worth more than £40million for Everton, or should David Moyes look elsewhere for a new striker this summer?