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Mikel Arteta provides contract update on Arsenal forward Folarin Balogun

Arsenal manager Mikel Arteta has acknowledged that the club are close to committing Folarin Balogun to a new long-term contract.

The 19-year-old is one of the Gunners’ highly-rated graduates, but he appeared that he could leave the club on a free transfer this summer.

However, he has been convinced to stay by Arteta, but the club have yet to make an official announcement over a new deal beyond June.

Speaking in a press conference today, Arteta said that he has always been positive about the player’s desire to stay and the club are ‘very close’ to a renewal.