According to reports, Manchester United is willing to spend £70 million to acquire Ivan Toney from Brentford during the upcoming summer transfer window.
United is closely monitoring Toney’s situation for the remainder of the season but could encounter competition from Arsenal and Chelsea in their pursuit to bring him to Old Trafford.
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Last season, Toney netted 20 goals in the Premier League and has just come back from an eight-month suspension for violating the Football Association’s betting regulations.
Brentford manager Thomas Frank acknowledges that Toney is likely to be transferred at the end of the season, although earlier reports suggested that Brentford was seeking £100 million for his services.
According to the Daily Star, Sir Jim Ratcliffe, United’s new minority owner overseeing football operations, believes Toney’s value falls short of that figure.
It is believed that the British billionaire values Toney at approximately £70 million, suggesting that Brentford would need to lower their asking price for United to secure the Englishman’s services.
However, this prospect seems doubtful as there is reportedly a three-way competition for Toney’s signature, with both Arsenal and Chelsea still expressing interest in the player following unsuccessful negotiations in January.
United’s focus for the upcoming summer transfer window primarily revolves around acquiring players approaching the final year of their contracts as part of Ratcliffe’s squad overhaul.
United have been linked with potential moves for Joshua Kimmich from Bayern Munich, Khephren Thuram from Nice, and Jonathan David from Lille.
Acknowledging their financial constraints, the Red Devils view pursuing players nearing the end of their contracts as a prudent strategy to manage their summer expenditures.