Folarin Balogun has become a focal point of transfer attention this summer, with Sunderland among several clubs pursuing the AS Monaco striker.

Sunderland are understood to have held talks with the representatives of Folarin Balogun as they explore the possibility of bringing him back to the Premier League for the first time since leaving Arsenal.

As per a report by TEAMtalk, Sunderland are not alone in the chase. Premier League clubs Everton, Fulham, and Newcastle United are all monitoring the American striker’s situation, while Nottingham Forest and Leeds United have also been credited with an interest. Sunderland must outbid Everton, Fulham, Newcastle and others to secure the 25-year-old.

Balogun is believed to be valued at around £40 million, a figure that reflects both his age and long-term potential. Although the fee would represent a substantial investment, Sunderland’s qualifying for European football has strengthened their appeal to prospective targets.

The Wearside club have already shown they are ready to compete aggressively in the transfer market. Club officials are reportedly keen to add proven attacking quality, with Balogun viewed as a player capable of leading the line at the highest level. The interest may also have stemmed from Brian Brobbey’s links with Manchester United and other bigwigs.

Balogun came through Arsenal’s academy, then spent a loan spell at Stade de Reims before his permanent move to AS Monaco, where he has continued his development and established himself as one of Ligue 1’s most dangerous forwards.

Where will Balogun end up?

International appearances for the United States have elevated his profile, with pace, movement and finishing attracting attention across Europe. Those qualities have made him an attractive option for sides seeking a reliable goalscorer capable of making an immediate impact.

Everton and Fulham are also in the market for attacking reinforcements ahead of the new season, while Newcastle remain attentive despite pursuing multiple options in the transfer window amid uncertainties surrounding Nick Woltemade. Sunderland, though, have moved quickly, opening discussions with Balogun’s camp to position themselves strongly before formal negotiations begin.

Whether Sunderland can convince Balogun to join remains uncertain, particularly given the number of Premier League clubs interested in securing his services. Financial considerations, European football, and the player’s own ambitions are all expected to play significant roles in determining his next destination, though AS Monaco’s £40 million asking price is justified in the wake of his impressive performances at the 2026 FIFA World Cup.

Sunderland have signalled their ambition early, but whether they can outbid rivals for Balogun will depend on financial capacity and the player’s own ambitions. The coming weeks will determine the outcome.