The 18-year-old Balogun has seen his stock rise since his emergence through the ranks at Hale End, thanks to his prolificacy in the final third.
After scoring 28 goals in 28 games in the course of last season, he has continued to display his quality thus far this season and have already contributed to 11 goals (seven goals, four assists) in just 12 games at under-23 level.
Serie A giants AC Milan are also reportedly keeping tabs on the youngster who is on the verge of earning a breakthrough into Mikel Arteta's senior setup at the Emirates any time soon.
Arsenal will understandably not be intent on cashing in on the striker just yet, but a temporary move in search of more playing opportunities with a senior side could be in the offing.
Emmanuel Chinaza
Photo Credit : arsenal.com
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