Arsenal Set to Receive Significant Sell-On Fee for Folarin Balogun
Arsenal stands to receive approximately £6.7 million from a 17.5% sell-on clause for Folarin Balogun, assuming a transfer goes through for an estimated £38.5 million.
North Bank NewsArsenal is poised to benefit financially from a potential transfer involving former striker Folarin Balogun. According to Charles Watts, the North London club holds a 17.5% sell-on clause in Balogun's previous transfer deal. Should the player move for an expected fee of £38.5 million, Arsenal would be due around £6.7 million from the sell-on clause.
This payment would be a substantial boost for Arsenal's finances, further highlighting successful academy development and intelligent contract negotiations. The sum would approach a significant record for the club.
Watts also notes that this figure would make Balogun Arsenal's record ever sale, surpassing the previous record held by Ox, until the Martinelli deal goes through, suggesting another high-value departure or clause could be on the horizon for the Gunners.