Newcastle United to receive FFP cash injection as £40m deadline day deal confirmed
Newcastle United sold Ivan Toney to Peterborough United for just £350,000 in 2018
Newcastle United are set to net an estimated £1.2million from Ivan Toney’s move to Al-Ahli.
A meteoric rise in recent years has seen the 28-year-old develop into one of the Premier League’s best strikers. Now an England international who starred at Euro 2024, Toney’s big break in English football came at the Magpies.
Newcastle paid a nominal fee to sign a young striker from Northampton Town in 2015. However, Toney would play for United just four times, with most of his Toon career spent out on loan.
With Rafa Benitez looking to keep Newcastle up, few opportunities were given to youth and Toney joined Peterborough United for a meagre £350,000. A ruthless 49 goals in 94 games earned him a move to Brentford - then in the Championship - where he has continued to score goals.
Toney is now heading to the Saudi Pro League after completing a deadline-day move to Al-Ahli. He was left out of Brentford’s last three matchday squads and is completed a medical in London before finalising a £40million move.
Peterborough owner Darragh MacAnthony confirmed earlier this year that the club will recoup between £3million and £5million - with Newcastle netting 30 per cent of their windfall. He said: “We paid Newcastle a transfer fee of £350k spread over three years.
"We have received £10 million so far from Brentford and we will receive X amount - I’m not allowed to say the number - of any future profit and Newcastle will receive 30% of what we get from us.
“We earn money every time Ivan moves and so do Newcastle. That’s how these deals are structured and I’m all for it. It’s like a chain reaction and it’s the best thing.”