Arsenal have reportedly decided to accept offers for Nigerian striker Folarin Balogun.
According to Football. London, it is increasingly likely that the highly-rated teenager will be leaving the Gunners as a free agent in the summer, with the current agreement between club and player running out on June 30.
Gunners boss Mikel Arteta previously stated that he would like to retain Balogun but he has changed his mind.
The Hale End Academy graduate can sign a preliminary contract with a foreign club this month but negotiations with one of his suitors abroad, Stuttgart have failed.
Liverpool and Swansea City are closely monitoring the situation of Balogun with a view to a possible swoop in the summer.
It is believed that Balogun has delayed signing a new deal because he fears for his first team opportunities should he extend his stay with the likes of Pierre-Emerick Aubameyang, Alexandre Lacazette, Eddie Nketiah and Gabriel Martinelli ahead of him in Arteta’s pecking order of strikers.
He has made five first team appearances to date for his boyhood club, four of them coming in this season’s Europa League, scoring two goals.