Folarin Balogun is valued internally by the Paris Saint-Germain sporting management. The club has a genuine interest in the player, but no official contact has yet been established between the Parisian management and their Monegasque counterparts on this matter. Paris is closely monitoring the player's situation but has not yet made any formal approach.

PSG has set their sights on Folarin Balogun from AS Monaco. According to the latest rumors, PSG has submitted a bid of 65 million euros to the Monegasques. The 23-year-old American forward is having a very good season, scoring 3 times and providing 1 assist in 8 matches this year. Despite being out for a month due to a shoulder injury, his performance in 40 matches for AS Monaco has convinced PSG.