Tottenham Hotspur have opened negotiations with Monaco to sign Folarin Balogun in a deal that could reach €60 million, according to L’Équipe. Spurs are the first club to make a concrete approach for the U.S. international, who has attracted interest from several Premier League and La Liga sides, including Newcastle. Balogun’s value has surged after a standout season in France, where he scored 19 goals in 43 appearances across all competitions, re‑establishing himself as one of Europe’s most efficient young strikers.

His profile rose further during the World Cup on home soil, where he delivered three goals in three matches and emerged as one of the tournament’s breakout performers. Tottenham are now pushing to accelerate talks as they look to secure the former Arsenal forward’s signature. Monaco’s €60 million valuation is expected to be decisive, with Balogun considered one of the most sought‑after attacking options available this summer.