Deadline day sees Folarin Balogun's $55 million move collapse

USMNT striker Folarin Balogun's proposed $55 million transfer from Monaco to Everton collapsed on Tuesday night, ending the on‑again, off‑again deal and sparking knock‑on issues for Manchester United, Chelsea and Cruz Azul in Mexico. Both the Premier League club and the French side now face uncertainty over the player's future, a story that has dominated soccer conversation across America.

The breakdown occurred on deadline day, the final hours when clubs scramble to finalise business. Everton had been keen to add Balogun’s attacking firepower, while Monaco were prepared to cash in on the USMNT star.

With the deal off, Manchester United, Chelsea and Mexican side Cruz Azul find their own transfer plans affected, illustrating how one stalled move can ripple through the wider market.