Folarin Balogun's Arsenal future looks bleak after Mikel Arteta's 'at the moment' statement as Gunners seek £50m transfer fee

Folarin Balogun doesn't appear to have a long-term future at Arsenal, with Mikel Arteta having offered him zero assurances regarding a permanent stay.

Balogun's desire to play week-in, week-out is understandable given his remarkable 22-goal season at Ligue 1 side Reims last season. However, that excellent campaign has caused Arsenal to place a heavy price tag on the USMNT star - the Gunners' asking price for the young forward this summer will be around £50 million ($66m). According to reports, Balogun is available for transfer, but whether there are any clubs willing to splash that amount of cash on him is uncertain.

When asked about his future after Arsenal's 1-1 pre-season friendly draw with Nurnberg, Mikel Arteta could only say that Balogun is an Arsenal player for now, offering few assurances that he's part of his long-term plans. He said: He's just staying here with us at the moment and we will see what happens.

The main reason Balogun's future at Arsenal doesn't seem particularly hopeful ultimately comes down to competition; while Kai Havertz is expected to play in a slightly deeper role, the Germany international is capable of operating as a forward and has a wealth of Premier League experience. Meanwhile, Gabriel Jesus remains Arteta's favoured No.9, and there is also competition from 24-year-old back-up striker Eddie Nketiah.

A number of clubs have been linked with Balogun this summer; according to The Guardian, Chelsea, Milan, Inter, Marseille and Monaco are all keeping tabs on the 22-year-old. Given their vast finances - particularly when compared with their Italian and French rivals - Chelsea may be seen as favourites to land the USA international's signature, although Arsenal will unlikely be interested in selling to a direct rival.

Balogun's future in north London may be up for debate, but Arsenal are pushing on with their pre-season preparations regardless. Havertz has spoken out about the experience of adjusting to Arteta's style of play this summer, while imminent marquee signing Declan Rice is set to further bolster a midfield that was already playing to a high level last season. The Gunners' next fixture is against an MLS All-Stars team on July 20.