Everton’s signing of Folarin Balogun was canceled after the US men’s national team striker decided not to make the transfer. The Premier League side had renegotiated a deal for Balogun with his club Monaco after issues arose during the 25-year-old’s medical. Everton have submitted an agreement sheet, a document submitted to the Premier League that guarantees the club an extra two-hour “grace period” to secure a transfer after the league’s 11pm BST deadline. (6 p.m. ET), to complete the transfer on Tuesday night, but Balogun opted not to proceed with the move and left his Finch Farm training camp unsigned. Everton had agreed a deal with Monaco for Balogun on Monday, only for doubts to grow over the move as the deadline progressed. The Merseyside side then made an offer to Manchester United for Joshua Zirzkee, but it was rejected, with the Old Trafford side feeling they did not have enough time to find a replacement for their striker. Everton and Monaco continued talks over Balogun and the English club remained hopeful of completing a deal for the player, seeking to renegotiate a lower fixed fee with higher bonuses. Balogun would consist of an initial €45 million (£38.58 million; $52.3 million) plus €5 million (£4.3 million; $5.8 million) in potential add-ons agreed between the two clubs, while Everton sources had said the deal was worth around £40 million ($54 million; €46.7 million). Balogun decided to abandon the deal with Everton. (Jamie Squire / Getty Images) Everton had been in the market for attacking reinforcements with striker Beto leaving for Fiorentina and winger Iliman Ndiaye joining Manchester City. They previously signed Tyrique George to a permanent deal from Chelsea and secured the return of Jack Grealish on loan from Manchester City on deadline day. Balogun made global headlines at this summer’s World Cup when FIFA controversially overturned his red card suspension following an intervention by US President Donald Trump. off.Balogun recorded 19 goals and added five assists in 43 games for Monaco in 2025-26, his best return since joining the club from Arsenal in 2023. Arsenal retain a sell-on clause of 17.5 percent of that sale. He came through the north London club’s academy and made 10 first-team appearances before his departure. Balogun enjoyed his breakthrough season on loan at Ligue 1 side Reims in the 2022-23 campaign, scoring 22 goals in 39 appearances, before moving to French club Monaco. Where does this leave Balogun after an extraordinary summer? Analysis by Senior Writer Tom Bogert What a strange few months for Balogun. From a star in the World Cup, to being involved in a controversy over red cards, to being linked with a move to several big clubs in Europe… to an agreement with Everton that fell apart in the last minutes of the English transfer market. Balogun’s head must be spinning, but he is currently in the same place as he was at the end of the last European season: Monaco. That doesn’t mean it will be like that. The Turkish window is still open and Galatasaray had already shown interest this summer. The Saudi window is also open. Or will it be a reintegration with Monaco for now at least until January? Summer is the main character. And now what awaits Everton? Analysis by Everton correspondent Patrick Boyland. Make no mistake, this is a huge blow for Everton. The Merseyside club had already authorized the sale of Beto to Fiorentina earlier on Tuesday and now only have one veteran striker, Thierno Barry, on the books. While others, such as young winger George, have had spells playing a central role, there will be enormous pressure on Barry, 23, after an up-and-down first season on Merseyside. Torino) and Adam Aznou (on loan to Málaga) also leave them short on both sides of the defence. Others will almost certainly have to step up to move into the January window. A tremendously disappointing end of the window.