Fulham considering move for £50m Arsenal star

Fulham are interested in signing Arsenal striker Folarin Balogun after deciding to offload Aleksandar Mitrovic to Al-Hilal.

The Cottagers rejected a £26m bid from the Saudi Arabian giants earlier this summer, but they have now received an improved £40m offer.

They are expected to sanction the sale in the coming days, considering the Serbian has already agreed personal terms with Al-Hilal.

It is now reported by Daily Mail that the Cottagers are lining up an approach for Balogun, who is currently valued at £50m by Arsenal.

It is unclear whether they will pay the entire asking price, but the Gunners are adamant that they won't sell him for anything less.

Apart from Fulham, Monaco are also interested in landing his services, but they have yet to meet the demands of the London side.

Their recent offer of around £38m was turned down, but they are bound to make a fresh bid for him before the end of the week.