Arsenal are in a racing to complete a planned £100million summer fire sale as Monaco prepare an improved offer for Folarin Balogun.
Striker Balogun has been deemed surplus to requirements at the Emirates Stadium but the club still value him at £50million.
Mail Sport understands that since arriving back from a loan spell at Reims last season, Balogun has spent part of the summer away from first-team training.
The 22-year-old has not been named in the match-day squad for either of Arsenal’s first two games of the season.
A number of clubs have registered an interest in Balogun this summer.