Peterborough United turn down multi-million pound bid from the New York Red Bulls for star man Ivan Toney

Peterborough United have turned down a £4 million bid for striker Ivan Toney from leading United States club New York Red Bulls.

Saturday, 20th June 2020, 11:22 am
Ivan Toney celebrates a Posh goal.

The Major League Soccer outfit offered the sizeable fee plus numerous add ons for Toney, but it was turned down flat by Posh who expect more than double that amount for their 24 year-old star man.

It’s a clear sign Posh will not be pressured into selling Toney on the cheap by the financial problems currently engulfing lower league football in the UK.

Posh have said they would keep Toney until the new year rather than left him go for less than their asking price which is believed to be close to the £10 million mark.

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Posh director of football Barry Fry, the man in charge of transfer negotiations at the Weston Homes Stadium, said: “New York Red Bulls have plenty of money, but they didn’t offer us anywhere near enough for Ivan. It was £4 million with several add ons. but we will get bigger offers than that once our 2019-20 season comes to an end.

“Lots of clubs will be looking for a top-class striker and there won’t be any better than Ivan available, especially at what we consider a reasonable price for a player of his age who has already improved considerably and will improve even more in the future.”

The English transfer window is currently closed meaning Posh can’t sign anyone, but they could sell to clubs in other countries, including Scotland.

Top Scottish clubs Celtic and Rangers are reportedly interested in Toney who scored 26 goals in a truncated 2019-20 season for Posh.

Championship promotion hopefuls Brentford made a concerted effort to sign Toney last January.