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Arsenal manager Mikel Arteta has made the decision to part ways with Folarin Balogun despite the setback for Gabriel Jesus.
Arsenal currently want £45 million to sell their graduate, but they have been no clubs willing to meet their demands for him.
The north London giants are reluctant to lower their price for now as they are aware that they could be late interest in his services.
Monaco are one of the clubs monitoring him.
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