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Arsenal place whopping transfer price on 19-year-old starlet Folarin Balogun

Sheffield United have seen a £3million bid rejected for Arsenal youngster Folarin Balogun - because the north London club want FIVE times that amount.

Chris Wilder has identified Balogun, 19, as the ideal recruit to bolster his attacking options at Bramall Lane this summer.The striker, who is yet to make a first-team appearance for Arsenal, has scored 13 goals in 31 games for their Under-23 side.He was also prolific for the Gunners’ Under-18s, bagging 38 goals in 41 appearances.

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