Everton have submitted a formal bid to Monaco for USA international striker Folarin Balogun as the summer window enters its final hours, according to Fabrizio Romano.
The move would see Balogun replace Beto, who is heading to Fiorentina, and compete with current first-choice Thierno Barry as David Moyes looks to strengthen his forward line before Tuesday's deadline.
Balogun has not played for Monaco this season through injury, but the Ligue 1 club have already signed Matthis Abline as cover for his position.
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Folarin Balogun to Everton rated ‘Very likely'
Folarin Balogun to Everton
- Everton have tabled an €18m opening bid for Balogun, according to Sacha Tavolieri, worth just over 7% of the club's most recently published annual revenue.
- Balogun has two years left on the contract he signed at Monaco in August 2023, running to 30 June 2028.
- Fabrizio Romano confirmed on 31 August that Everton have formalised their interest with an official offer to Monaco.
- Everton's books remain well clear of the Premier League's Squad Cost Ratio limits, leaving room to add fresh investment before Tuesday's deadline.
- Thierno Barry's hat-trick this season came in the EFL Cup against Preston, and in the Premier League he has one goal from two starts.
- Beto's exit to Fiorentina leaves David Moyes with a single senior recognised striker once that deal completes.
- Balogun scored 19 goals in 43 appearances for Monaco last season, winning the club's Player of the Season award.
- Balogun's rating of 7.03 in Ligue 1 last season outstrips Barry's 6.44 across the same 2025-26 campaign.
- Balogun has told Monaco he wants to leave and has earmarked Everton as his preferred destination.
- The 25-year-old has not featured for Monaco this season through injury, though he was Filipe Luis' first-choice striker before he was sidelined.
- Monaco are in the Conference League this season, their lowest level of European football in Balogun's time at the club.
- Balogun has scored 12 times in 31 caps for the United States since switching his international allegiance from England.
- Monaco have signed Matthis Abline specifically as cover for Balogun's position, with Paris Brunner also emerging after a brace against Marseille on Sunday.
- Balogun's departure would free up a non-EU registration slot Monaco need for new Mexican signing Erik Lira.
- Thiago Scuro said Monaco were ready to maintain the quality of the squad if Balogun leaves, having already signed his replacement.
- Balogun finished last season as Monaco's Player of the Season after a 19-goal campaign in all competitions.
- Fabrizio Romano reported on 31 August that Everton have submitted a formal bid to Monaco for Balogun.
- Sacha Tavolieri put the opening offer at €18m, with Everton pushing to get a deal done before Tuesday's deadline.
- Tottenham Hotspur, previously linked with Balogun, have dropped out of the race after signing Omar Marmoush and Savio instead.
- TEAMtalk reported talks between the clubs are under way following Everton's agreement to sell Beto to Fiorentina.