Arsenal have told youngster Folarin Balogun he can quit the club this summer.
The 19-year-old forward is one of the most highly-rated talents at the club and led the way for the Under-23s this campaign, scoring 10 goals in 15 games.
But the attacker has yet to feature for the senior side and, as first reported by The Athletic and since confirmed by Goal, Folarin now looks certain to leave in the coming transfer market after talks over a new contract broke down.
Folarin signed his first professional deal in the winter of 2019, but that contract will expire in June 2021.
Negotiations have been taking place to attempt and extend his stay, but discussions between the club and the star’s representatives have been unable to come to a successful conclusion.
So the club have told the striker he can leave at the end of the campaign, with the board now focusing on securing the best possible price for the academy graduate, with any deal certain to include a hefty sell-on clause.
The Gunners snubbed a £5 million offer for Balogun from Championship side Brentford in January and had hoped at that point that they’d be able to reach an agreement with the youngster over extending his stay.
Sources have told Goal that the club wanted the England youth international to pen a performance-based deal, one that the club believed could have been very lucrative for the striker should he go on to hit the targets set out in the contract.