Chelsea are reportedly showing keen interest in securing the services of Arsenal striker Folarin Balogun.
According to a report from 90 Min, the club has taken the step of initiating talks for a potential summer transfer. The 22-year-old striker, who spent the previous season on loan at Stade Reims in France, has garnered attention with an impressive tally of 21 goals in Ligue 1.
This has led to a valuation of around £50 million for the USA international. As per the reports, the club has reportedly taken the initiative to contact the player's representatives to gauge his interest in making a move to Stamford Bridge.
With the striker's path to regular playing time under Mikel Arteta likely to be hindered by competition, particularly with Gabriel Jesus ahead in the pecking order, a move away from the Emirates Stadium could be on the horizon.
Furthermore, the potential move to Chelsea could offer Balogun the assurance of consistent first-team opportunities, which might be pivotal for his development.
With substantial financial backing and recent high-profile acquisitions such as Moises Caicedo and Romeo Lavia, Todd Boehly seems equipped to pull off the £50 million transfer.