Inter Milan have pulled out of the race for Folarin Balogun again, with AS Monaco set to place another bid and RC Lens interested.

NUREMBERG, GERMANY: Folarin Balogun of Arsenal FC controls the ball during the pre-season friendly match between 1. FC Nürnberg and Arsenal FC at Max-Morlock Stadion on July 13, 2023. (Photo by Alex Grimm/Getty Images)
NUREMBERG, GERMANY: Folarin Balogun of Arsenal FC controls the ball during the pre-season friendly match between 1. FC Nürnberg and Arsenal FC at Max-Morlock Stadion on July 13, 2023. (Photo by Alex Grimm/Getty Images)

For the second time this month, Inter Milan have reportedly pulled out of the race to sign Arsenal striker Folarin Balogun.

After initially prioritising a move for Balogun, Inter Milan then turned to Gianluca Scamacca after failing to convince Arsenal to lower the asking price.

When Scamacca went to Atalanta instead, Inter returned for Balogun. But with Arsenal refusing to lower their demands, the Italian side have now withdrawn again.

Alfredo Pedulla reports that Inter have communicated to Arsenal and Balogun’s camp that they’re out of the race, leaving him free to go to AS Monaco or elsewhere.

Latest Arsenal injury updates and news
WASHINGTON, DC - JULY 18: Folarin Balogun #26 of Arsenal FC looks on during the MLS All-Star Skills Challenge between Arsenal FC and MLS All-Stars at Audi Field on July 18, 2023 in Washington, DC. (Photo by Tim Nwachukwu/Getty Images)
WASHINGTON, DC: Folarin Balogun #26 of Arsenal FC looks on during the MLS All-Star Skills Challenge between Arsenal FC and MLS All-Stars at Audi Field on July 18, 2023. (Photo by Tim Nwachukwu/Getty Images)

RMC Sport report that Monaco will make another move for Balogun, after seeing a previous bid of almost €40m (£34.6m) turned down.

Mohamed Toubache-Ter reports that Monaco are still certainly in the race, but fellow Ligue 1 side Lens are also now involved.

Lens finished second in Ligue 1 last season, and they’re set to feature in this campaign’s Champions League.

WASHINGTON, DC - JULY 18: Jurriën Timber #12 and Folarin Balogun #26 of Arsenal FC speak during the MLS All-Star Skills Challenge between Arsenal FC and MLS All-Stars at Audi Field on July 18, 2023 in Washington, DC. (Photo by Tim Nwachukwu/Getty Images)
WASHINGTON, DC: Jurriën Timber #12 and Folarin Balogun #26 of Arsenal FC speak during the MLS All-Star Skills Challenge between Arsenal FC and MLS All-Stars at Audi Field on July 18, 2023. (Photo by Tim Nwachukwu/Getty Images)

Arsenal may still get the bidding war they were hoping for, but it looks like Inter Milan won’t be involved. At least until they make their third U-turn of the month in a few days.

Latest Arsenal injury updates and news