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Transfer collapse of Folarin Balogun: “Monaco” canceled the move to “Everton”.

AuthorEditorial team 2-09-2026, 00:07 80
Transfer collapse of Folarin Balogun: “Monaco” canceled the move to “Everton”.
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In brief
  • Negotiations for Balogun's transfer to Everton ended in failure.
  • Monaco canceled the deal after the unsuccessful transfer of Kamara
  • The club decided to maintain its attacking potential in the current season
  • 'Everton' is looking for alternative options to strengthen their attack.

In light of the recent transfer failure of Patrick Kamara, the club 'Monaco' has decided to halt the process of transferring English forward Folarin Balogun to the English Premier League. According to information obtained from official sources, negotiations with 'Everton' had reached the final stage, however, the club 'Monaco' officially announced their cancellation.

A brief backstory of Balogun

Folarin Balogun, a 22-year-old forward, started his career at Chelsea's academy, where he spent several seasons in youth teams. In 2021, he moved to Monaco, where he gradually earned a place in the first team, demonstrating his ability to score important goals in Ligue 1 and in European competitions. In two seasons in the Principality, the striker recorded 13 goals and 7 assists, which attracted the attention of clubs from England.

Everton, in search of new attacking options, has shown interest in Balogun during the summer transfer window of 2024. According to preliminary reports, both parties have already agreed on the main terms of the deal, including a transfer fee of around 30 million euros and personal terms for the player.

However, unforeseen difficulties arose during the contract negotiations. Representatives of 'Monaco' reported that after the negotiations for Kamara's transfer ended without results, the club reconsidered its sales strategy. The management of 'Monaco' decided that it was necessary to maintain attacking potential this season, and therefore refused to part ways with Balogun.

According to insider information, the main reason for the cancellation of the deal was the club's financial considerations. After the unsuccessful deal with Kamara, the management of "Monaco" fears that selling the key forward may weaken the team in the upcoming Ligue 1 matches and in European competitions, where the club aims for high results.

For Everton, the transfer failure came as a surprise. The club was already planning to strengthen the attacking line, considering the departure of several players in the upcoming season. The coaching staff will now be looking for alternative options, possibly turning to other young talents or considering more experienced forwards on the market.

The situation highlights the complexity of transfer negotiations in modern football, where financial, tactical, and strategic interests of clubs often intersect. For Balogun, this means he will remain at 'Monaco' until the end of the season, where he will continue to fight for a place in the starting lineup and help the team with its ambitious plans.

Source: Championat

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