Arsenal are set to bank about £6.7m from Folarin Balogun's £40million move because of the 17.5 per cent sell-on clause they kept when he left. The deal has been agreed with Monaco, and it puts old academy business at the centre of Arsenal's Deadline Day income. Brooke Norton-Cuffy's £11.9m transfer is also expected to trigger another cut for the club.

Balogun's clause and the fee

Standard Sport reported that Arsenal are set to bank a transfer windfall from Balogun's impending move on Deadline Day. It is a decent bit of business from a club that have spent years selling well and structuring exits properly, because the money is arriving without Arsenal having to move a player on themselves.

Balogun's move is being agreed at £40million, and the clause attached to it is the number that stands out. A 17.5 per cent sell-on clause on that fee points to about £6.7m for Arsenal, which is a tidy return on a player who came through their academy and moved on after making 10 senior appearances and scoring two goals.

More income from academy exits

Balogun is not the only former Arsenal youngster feeding money back to the club. Norton-Cuffy's £11.9m transfer also carries sell-on value, so the day's earnings are not limited to one move.

The Balogun side of the story still matters most because the fee is larger and the clause is specific. He joined Arsenal at the age of eight, and his route from academy prospect to sale now leaves the club with a direct payday from a player they developed early.

There is also a football angle to the move itself. Balogun scored 31 goals and provided 13 assists in 91 outings for Monaco, after moving there in the summer of 2023 for a fee in the region of £34m. He was also part of the United States side that saw him score 3 goals in 4 World Cup appearances.

Arsenal have won all 5 of their last 5 matches, so this is not a club in need of transfer relief. It is just another example of academy value coming back through the door, with the Balogun clause still the headline as the window closes at 11pm BST on Tuesday night, September 1.

Written by Jack Mercer with AI-assisted research, cross-checked against 1 outlet. How we work →