US national team forward Folarin Balogun's transfer from Monaco to Everton has fallen through.

Operativ Media reports, citing The Athletic. According to the report, although the parties reached an agreement on Tuesday regarding the 25-year-old player's transfer, issues arose during his medical. Consequently, the English club renegotiated the terms of the transfer and continued talks.

However, Balogun ultimately decided to reject the move.

The American player's contract with Monaco runs until 2028. The Transfermarkt portal values his market worth at €50 million.

Balogun made 43 appearances across all competitions last season, scoring 19 goals and providing 5 assists. He also recorded 3 goals and 1 assist in 4 matches at the 2026 World Cup.