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Arsenal set for transfer windfall as Newcastle flop struggles to impress new club

Arsenal missed on out a huge transfer windfall in the summer after ex-forward Folarin Balogun's proposed switch to Everton fell through - but he could now be on the move

Published: Thursday, 8 October 2026 at 7:31 PM
Arsenal set for transfer windfall as Newcastle flop struggles to impress new club
Key Things to Know
  • Arsenal could earn a transfer windfall via a sell-on clause if Juventus sign Monaco striker Folarin Balogun permanently.
  • Juventus are targeting Balogun, Mateo Retegui, and Antonio Raimondo as Newcastle loanee Nick Woltemade struggles to impress.
  • Balogun previously rejected a £38.5 million permanent transfer to Everton on summer deadline day despite passing a medical.
The Story in 60 Seconds

Arsenal could be set for a transfer windfall via a 17.5% sell-on clause if Monaco striker Folarin Balogun completes a permanent move to Juventus in January. Balogun previously saw a £38.5 million summer transfer to Everton collapse after walking away following his medical. However, Juventus are now considering the United States international as an alternative attacking option.

Juventus are reportedly eyeing new strikers due to Newcastle loanee Nick Woltemade's struggles in Turin, where he has managed only one goal in four games. The Italian club is not expected to sign Woltemade permanently, leaving Balogun alongside Mateo Retegui and Antonio Raimondo on their target list under head coach Luciano Spalletti.

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