Folarin Balogun suddenly is the biggest name in the World Cup
Everton are in advanced negotiations with Monaco to sign Folarin Balogun, talkSPORT understands.
It is understood Monaco are seeking £40million for the 25-year-old.
Balogun's World Cup campaign didn't end in the way that he had hoped3
Balogun could be back on English shores
The Toffees are racing to complete a deal for Balogun ahead of the window slamming shut at 11pm on Tuesday.
David Moyes' side have been in the market for a new presence up top, with Beto reportedly headed for Fiorentina.
And Balogun is eyed as the ideal candidate, especially given his previous experience of English football.
Balogun came through Arsenal's famed academy and went on to make 10 first team appearances for the club, including two in the Premier League.
However, it wasn't until the 2022/23 campaign when Balogun truly broke out as he scored 22 goals while on loan at French outfit Reims.
Balogun's haul prompted Monaco to sign him for an initial £25.7million in August 2023.
The ex-Gunners prodigy has since netted 31 goals in 91 appearances across all competitions for Monaco and was named their Player of the Season for the 2025/26 campaign.
Folarin Balogun became a lightning rod for controversy at the World Cup
Balogun also found himself at the centre of a political storm during this summer's World Cup.
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He was sent off for the United States during their Round of 32 contest against Bosnia, which the co-hosts won 2-0.
The red card meant Balogun picked up a one-match suspension, which ruled him out of the USMNT's Round of 16 clash with Belgium.
Folarin Balogun 20 of United States walks off the field after being red carded during the second half against Bosnia And Herzegovina during a FIFA World Cup 20263
Balogun's red card created one of the biggest storylines during the World Cup
However, Balogun's ban was controversially overturned following intervention from United States president Donald Trump.
Balogun's return ultimately mattered little as Belgium romped to a 4-1 win.
How Monaco's sale of Folarin Balogun could impact Chelsea
With Balogun now set to depart, it could help Monaco retain Lamine Camara.
talkSPORT understands Chelsea are in advanced talks to land Camara, who is viewed by the Blues as the ideal replacement for Enzo Fernandez ahead of the latter's likely departure to Manchester City.
But European football expert Andy Brassell believes the potential sale of Balogun, coupled with Aladji Bamba to Newcastle, will give Monaco enough financial breathing room.
"In one sense, they've [Monaco] had the advantage of making the Aladji Bamba sale because they didn't really imagine doing that until next year," Brassell told talkSPORT.com.
Lamine Camara playing for Monaco in pre-season3
Camara may find himself lining up against Balogun if Chelsea get their wish
"I think most people who know Monaco would have expected Camara to go first and Bamba to maybe stay until next year and get sold.
"But because they got a nice big offer from Newcastle, they could go, 'All right.'
"And that probably allows them to keep one of Camara and Balogun."