Everton agreed to transfer American striker Folarin Balogun from Monaco for approximately 45 million euros, with potential bonuses raising the total to 50 million euros. ^[1] Reports indicate that Everton and AS Monaco have reached an agreement for the transfer of American forward Folarin Balogun. ^[2] Everton missed signing American World Cup striker Folarin Balogun from Monaco on the final day of the English transfer window. ^[3] Everton presented midfielder Jack Grealish on another loan deal from Manchester City on the final day of the English transfer window. ^[4] Sky Sports reported that Folarin Balogun declined to move to Everton even though the clubs had agreed and a medical had been completed. ^[5] During the World Cup, Balogun received a red card in a match against Bosnia and Herzegovina, which initially meant he would miss the round of 16 against Belgium. ^[6] FIFA revoked Balogun's suspension, allowing him to play in the match against Belgium. ^[7] Folarin Balogun joined Monaco in 2023 and has made 91 appearances, scoring 31 goals and providing nine assists for the French club. ^[8] Balogun's departure from Monaco clears a non-EU player quota spot, which is a mandatory requirement for the club to finalize the signing of Mexican midfielder Erik Lira. ^[9] Folarin Balogun, a 25-year-old forward formed in the Arsenal academy, is set to join Everton to strengthen their attack following the imminent departure of striker Beto. ^[10] Erik Lira, a midfielder for Cruz Azul who shone at the 2026 World Cup, had already completed an economic agreement with Monaco but was waiting for the roster space to be created by Balogun's exit. ^[11]