Newcastle United transfer blow as Brentford reject offer amid Tottenham Hotspur interest
The Magpies will be hoping for a financial boost from the sale of the England striker.
Brentford have reportedly rejected an offer for England international Ivan Toney as Newcastle United await news on the future of their former striker.
The Bees frontman made just four senior appearances during a three-year stay at St James Park and spent the vast majority of his time as a Magpies out on loan with the likes at Barnsley, Wigan Athletic and Scunthorpe United. A permanent departure to Peterborough United in August 2018 gave Toney the platform he needed and the striker went on to score 49 goals in 15 appearances over a two-year stint at London Road.
That attracted the attention of Brentford as the Bees looked to push for promotion into the Premier League and they made a successful move to sign Toney in an initial £5m deal with up to £5m in add-ons if the striker hit certain landmarks. However, Peterborough chairman Darragh MacAnthony revealed Newcastle agreed a sell-on clause in the deal that took Toney to London Road and confirmed further fees would head the Magpies way over the future.
Speaking on the Hard Truth podcast earlier this year, the Posh chairman said: “Newcastle didn’t want to sell Ivan Toney to us, they wanted him to move on loan. But we don’t loan strikers so we invited Newcastle to share in Ivan’s future success with a sell-on fee. They agreed and they wanted 50% of any future transfer profit. That was never going to happen as we were paying a fee for Ivan as well, so we settled on 30%. 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.”
Toney is currently on international duty with England at Euro 2024 but that has not quelled the talk over his future after the striker was linked with moves to the likes of Arsenal, Manchester United and Tottenham Hotspur in recent months.
It is the latter of that Premier League trio that are said to have been unsuccessful in an opening offer for the striker after Football Transfers revealed Brentford have rejected a £40m offer for Toney after the frontman accepted a wage offer from the North London outfit. The report also revealed Brentford are looking for a fee of £65m for the striker - but would settle for an offer of around £55m.