Overview
- Multiple outlets reported that Tottenham formally opened discussions with Monaco this week, with French paper L’Equipe saying the conversations began on Tuesday.
- Monaco has set an asking price of about €60 million, a figure that would require a large outlay given the club’s valuation and the player's recent form.
- Monaco coach Filipe Luis has publicly said he wants to keep Balogun, and the striker’s contract runs until June 30, 2028, giving Monaco clear negotiating leverage.
- Any sale would be complicated by Arsenal’s reported 17.5% sell-on clause, which would cut into Monaco’s net proceeds and affect the club’s willingness to accept offers.
- Other clubs including Newcastle and teams in Spain are interested and reported agent activity has kept the market fluid, so Tottenham face time pressure to decide before the window closes.