Arsenal forward Folarin Balogun is drawing interest from Italy and Germany after impressing in France on loan at Reims this season.

Balogun has scored 18 goals in Ligue 1 in 2022-23 with only Kylian Mbappe, Jonathan David and Alexandre Lacazette netting more.

And Italian sources suggest the 21-year-old could be on the move in the summer transfer window with both AC Milan and RB Leipzig keen on the marksman.

The England Under-21s international is set to return to North London at the end of the season and seek talks with Gunners boss Mikel Arteta to gauge his first-team opportunties at the Emirates.

But with both Gabriel Jesus and Eddie Nketiah seemingly ahead of the New York-born striker in the pecking order, he may seek to ply his trade elsewhere.

Should the Arsenal academy graduate be put up for sale, it is reported that a fee of over £25million would be required to release the hotshot from his contract.

Balogun signed a new deal with the Premier League leaders back in 2021 and is contracted until 2025.

But with just two appearances in England's top flight, Balogun may choose a switch to another European destination rather than fight for his place at his parent club.

In other news

According to Spanish sources, Real Madrid are ready to take advantage of a clause in Erling Haaland's contract that would see him move to the club in 2024.

Reports from Goal suggest Besiktas are ready to re-sign Wout Weghorst with Manchester United unlikely to turn his loan from Burnley into a permanent move.

Arsenal are targeting Juventus striker Dusan Vlahovic in the summer but may consider Everton's Dominic Calvert-Lewin as a back-up option, say Football Insider.