Balogun has been with Arsenal since he was eight years old and made his senior debut in October 2020, but has only played in 10 first-team games, scoring two goals and providing one assist. He has impressed during his loan spell in France, scoring 18 goals in 29 league appearances.
Arsenal are reportedly keen to retain Balogun's services and are considering offering him an improved contract. However, they may face a difficult decision between offering him regular playing time or cashing in on his high stock.