Arsenal have confirmed that Folarin Balogun has departed the club on loan, with the highly-rated youngster joining Stade Reims on loan for the upcoming 22/23 season.
The highly-rated young striker has seen first team chances dry up following the arrival of Gabriel Jesus and the new contract signed by Eddie Nketiah, both of whom are now ahead of Balogun in the pecking order.
As a result, he is headed to Ligue 1, with Reims having offloaded fellow talented forward Hugo Ekitike to PSG this summer, leaving a vacancy in their frontline that Balgoun will be looking to fill.
The 21 year old becomes the third departure from the club this summer, with Arsenal also having loaned Nuno Tavares to fellow Ligue 1 side Marseilles, while Bernd Leno also joined Fulham in a permanent deal worth between £3m and £8m depending on performances.
More to follow
There is still plenty to be done in north London on the outgoings front before any more incomings can be discussed.
Pablo Mari is set to join Italian side Monza, with Goal.com reporting that his exit from Arsenal on a permanent basis to the Serie A outfit ‘is now taken for granted’.
However, the departures of Lucas Torreira and Hector Bellerin remain uncertain. Torreira was expected to depart for Turkey earlier in the week, with Arsenal having agreed a deal with Galatasaray for the Uruguayan, but is thought to be stalling as he looks to weigh up his options amid a dream to return to Italy.
Hector Bellerin, meanwhile, remains set on a return to Real Betis, but Arsenal are still holding out for a transfer fee for the Spaniard, despite reports that the right-back would be keen on giving up the last year of his salary in north London to ensure a mutual termination of his contract, which has 12 months left to run.