A permanent move for American striker Folarin Balogun from Arsenal to Monaco has been approved as of this afternoon.
No figure for the move was given, but reports from Fabrizio Romano say that the deal with be in excess of $43million (€40m).
Monaco announced the decision on Wednesday, but did so with a video that confused many Americans and Monagasque fans alike.
The video was themed to a NASCAR Craftsman Truck Series race in Las Vegas (?) that appears to lack any significant connection to Balogun himself.
Balogun was born in New York City and was raised in London - neither place is closely associated with NASCAR.