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Arsenal name price for contract rebel Folarin Balogun

Balogun looks set to leave Arsenal (Picture: Getty)

Arsenal have set a price for contract rebel Folarin Balogun – and are willing to let him leave for £8million this summer.

Balogun has refused to put pen to paper on a new deal at the Emirates and is willing to run down his contract to leave on a free.

Mikel Arteta was keen for him to stay, but Balogun is concerned over the opportunities he will be afforded in the first team.

His contract expires at the end of next season and, with him looking to leave on a free transfer, Arsenal are now considering to let him leave this summer.

Brentford, who are one win away from the Premier League via the Championship play-offs – they face Fulham in Tuesday’s final – are at the front of the queue to sign him.

However, Arsenal’s price is considered to be high, according to Sky Sports.

Arteta wants to keep him at the club (Picture: Getty)

The price is viewed as inflated as he is yet to make his debut for the first team, while he has only one year left on his contract.

Liverpool are among the clubs who have tracked his progress, while some of Germany’s top sides are also interested.

Arteta admitted last month that…