Balogun scored 21 goals in 37 matches while on loan at French side Reims.
With deadline day on the horizon, Chelsea have looked towards Arsenal young gunto bolster their forwards, the Evening Standard reports.
The 22-year-old is being considered by Chelsea but Arsenal will not let him go cheaply, slapping a £50million transfer fee on the striker who will be off contract in June 2025. He scored 21 goals in 37 matches while on loan at French side Reims.Callum Hudson-Odoi will not be heading to Everton , the Liverpool Echo says, but are still interested in Southampton striker Che Adams.Dino Klapija
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