AS Monaco are set to make a new offer for Arsenal striker Folarin Balogun this week.
ASM failed with a bid for the USA international last week.
The Daily Mail says ASM will try again knowing the Gunners are demanding £50m to sell Balogun.
ASM's need to reach terms is becoming acute after Breel Embolo suffered a knee injury.
Balogun has a deal with Arsenal to 2025.