---
title: "Folarin Balogun to Everton as €50m deal agreed and medical awaits"
canonical: "https://readeverton.com/folarin-balogun-everton-transfer-50m-medical/"
type: "post"
language: "en-GB"
author: "Gary Gowers"
section: "Everton News"
published: "2026-09-01T06:50:50Z"
modified: "2026-09-22T12:38:02Z"
---

# Folarin Balogun to Everton as €50m deal agreed and medical awaits

**Everton are closing in on the signing of [Folarin Balogun](https://readeverton.com/tag/folarin-balogun/) after agreeing personal terms with the Monaco striker ahead of a Deadline Day medical.**

[Fabrizio Romano](https://x.com/FabrizioRomano/status/2094561255683924087?s=20) reports that [Everton](https://readeverton.com/) have agreed a four-year contract with Balogun, which also includes the option of a further season.

The agreement between the clubs is worth €45million plus another €5m in add-ons, with Monaco also securing a sell-on clause.

Balogun has been authorised to travel for his medical on Tuesday, with Romano giving the deal his familiar “here we go”.

Barring a late problem, Everton therefore look set to land the striker David Moyes has been seeking before the window closes.

## Balogun arrival would soften Ndiaye blow

The timing is particularly significant given [Iliman Ndiaye](https://readeverton.com/iliman-ndiaye-everton-man-city-what-have-lost/)‘s expected £65m move to [Man City](https://readmancity.com/).

Losing Ndiaye removes one of Everton’s most dangerous attacking players, but Balogun would give Moyes a different type of threat and another established option through the middle.

The 25-year-old United States international came through Arsenal’s academy before establishing himself during an excellent loan spell with Reims in 2022/23, when he scored 21 Ligue 1 goals.

That form earned him a permanent move to Monaco in 2023, and Balogun enjoyed a productive campaign last season, scoring 13 goals and providing four assists in 30 Ligue 1 appearances.

There were encouraging signs in the second half of the campaign in particular, with Balogun scoring nine times in his final 12 league appearances.

The deal represents a substantial investment from Everton.

At up to €50m, they are committing significant money to a striker they will hope can become a long-term part of their attack.

There is still a medical to negotiate, and the deal has not yet been formally completed, but the big pieces of the puzzle are now in place.

On a Deadline Day when Everton are preparing to lose Ndiaye but bring [Jack Grealish](https://readeverton.com/jack-grealish-everton-return-man-city-agreement/) back to the club, Balogun looks almost certain to become another major part of Moyes’ reshaped attack.

*For updates on the Toffees throughout the season, take a look at our [LIVE! Premier League 2026/27 News, Transfers, Updates & Viral Moments](https://dave.sport/live/premier-league-2026-2027-season-updates/) page.*