Rumors suggest that Monaco is preparing a superior offer as they aim to complete the signing of Folarin Balogun, the Arsenal striker. This decision came after Chelsea showed interest in signing the talented American player. Monaco wants to bring Balogun, who had a good loan spell at Reims last season, back to Ligue 1. However, Arsenal said no to their first offer, even though the 22-year-old had initially agreed to join Monaco. Balogun wants to leave north London so he can play more often. A few teams, like Inter Milan, West Ham, and Fulham, are interested in him. Some people even think that Arsenal's rivals, Tottenham, might be interested too. Chelsea are looking to strengthen their attack and have shown interest in Balogun. Balogun is willing to join Chelsea. The people from west London and Arsenal have very different ideas about how much Balogun is worth. Arsenal thinks he is worth £50m, but the west Londoners don't agree. Monaco has become more interested and is planning to make another offer, worth more than £35m. Arsenal may face a competition for Balogun, with Monaco being the top choice to sign him. However, Arsenal is not in a hurry to sell him and might even choose to keep him at their stadium, the Emirates. Balogun scored 22 goals in 39 games for Reims last season. The Hale End academy graduate has played 10 matches for the Gunners so far but has not played in any games this season. Balogun used to be a part of England's under 21s soccer team, but later decided to play for the United States at a higher level. He has played in two matches for the US national team.