Former Arsenal forward Mika Biereth (21) is on the verge of completing his move to AS Monaco, having successfully undergone his medical, as reported by Fabrizio Romano.
Monaco’s Urgent Need for Reinforcements
Monaco secured an agreement with Sturm Graz for the Danish striker, as revealed by Foot Mercato as per GFFN.
While Biereth had a €12m release clause that would have become active in the summer, Monaco opted to act swiftly due to the urgent need for attacking reinforcements.
This comes after Folarin Balogun suffered a serious shoulder injury, sidelining him for several months.
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Transfer Details and Arsenal’s Stake
The deal for Biereth is valued at €13m upfront, with potential add-ons raising the figure to €15m.
Having already passed his medical on Friday, the former Arsenal forward is poised to officially join the Principality club.
As part of the transfer arrangement, Arsenal, who sold Biereth to Sturm Graz last summer for under €5m, will benefit from a sell-on percentage included in the agreement.
