Arsenal have slapped a £50m price tag on striker Folarin Balogun as Inter begin talks with the player's representatives, 90min understands.

The USMNT international has recently returned to Arsenal following a hugely successful loan spell at Reims in Ligue 1. During his single season in France, the striker netted 21 goals in 37 league outings - a tally bettered by only Kylian Mbappe, Alexandre Lacazette and Jonathan David.

Having rejected the opportunity to sign a new contract at the Gunners upon his return, 90min recently reported that the club have asked the player's representatives to begin talking to interested parties in order to find a buyer.

One team that has emerged as suitors are Inter, who recently walked away from talks over bringing striker Romelu Lukaku back to San Siro on a permanent deal.

The UEFA Champions League finalists have initiated talks with Balogun's representatives in recent days, while fellow Serie A side Atalanta and Ligue 1 outfit LOSC Lille has also enquired - although both teams' interest is dependent upon the potential sales of Rasmus Hojlund (Atalanta) and Jonathan David (Lille) first.

A huge stumbling block that clubs have found with any potential move is Arsenal's asking price. Sources have confirmed to 90min that Mikel Arteta's side are keen to get £50m for the 22-year-old, but the player's agents are hoping they can whittle the asking price down to around £40m.

Speaking exclusively to 90min at Arsenal's training camp ahead of the clash with MLS All-Stars in Washington DC, the striker insisted that his focused remains on pre-season despite the rampant discussion about his future:

"I was away for the year, so I'm just back, I'm obviously just focused on pre-season with the team."

LISTEN NOW TO 90MIN'S TALKING TRANSFERS PODCAST

On this week's edition of Talking Transfers, part of the 90min podcast network, Toby Cudworthand Graeme Bailey discuss Bayern Munich meeting Tottenham over Harry Kane, Jordan Henderson considering leaving Liverpool for the riches of the Saudi Pro League, Levi Colwill's latest Chelsea dilemma, Aston Villa's interest in Bayer Leverkusen winger Moussa Diaby & more!

If you can't see this embed, click here to listen to the podcast!

This article was originally published on 90min as Arsenal set Folarin Balogun price tag amid Inter interest.