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Arsenal reject £3m bid for Folarin Balogun as Gunners stand firm on valuation

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The video will start in 8 Cancel Arsenal have reportedly rejected a bid worth in excess of £3million from Sheffield United for youth striker Folarin Balogun.

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Are Arsenal making a mistake allowing Balogun to leave?

The highly-rated 19-year-old is due to leave the club next summer after entering the final 12 months of his contract with no hint of him signing a new deal.

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That would leave Arsenal entitled to only a small fee by way of compensation via the Elite Player Performance Programme.

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