It was reported in Italy that Fiorentina were monitoring Folarin Balogun. However, the financial strength of the Premier League quickly eliminated Fiorentina from contention.

According to Santi Aouna, Fiorentina has shown interest in Folarin Balogun and is studying the possibility of bringing him in on loan. To complete this deal, Fiorentina will have to compete with Everton.

Fiorentina and Atalanta have both inquired about AS Monaco's forward, Folarin Balogun, and are monitoring his situation. Monaco is open to selling the American international to generate funds, but his valuation of around 50 million euros has complicated discussions. According to reports, Balogun joined Monaco from Arsenal in August 2023 for a fee of €30 million, and his contract is valid until 2028.