TalkSPORT pundit Simon Jordan claims that former Newcastle forward Ivan Toney could be sold for £70m this summer.

Even though the England international is closing in on the final year of his contract with Brentford, Jordan says that interest from other clubs means his value will continue to hold up:

“At free market, with some of the well-heeled buyers in it, I would suspect probably £70m.”

The Magpies have been suggested as a potential suitor for the striker in recent days but it is far more likely that he will join another Premier League club at the end of the season.

Even so, Eddie Howe’s team could stand to benefit financially if and when Toney secures a transfer.

How much would Newcastle receive?

Toney’s former club Peterborough are believed to have a sell-on clause which means they are owed 30% of the profit from any future sale.

If Brentford do receive £70m, that would be a £60m profit on the £10m they paid Peterborough. The League One side would, therefore, receive £18m.

The club’s chairman Darragh MacAnthony revealed on his Hard Truth podcast last month that Newcastle would receive 30% of their slice, which means £5.4m would go to the Magpies. That is not a small sum.

Who will be in contention to buy Toney?

As mentioned, Newcastle have been credited with an interest in the 27-year-old but restrictions due to Financial Fair Play means it’s unlikely that they will be able to spend £70m, unless they can raise significant funds from player sales.

With that being the case, Toney is expected to go elsewhere. The three favourites for the forward’s signature are believed to be Chelsea, Arsenal and Manchester United, although other teams could emerge as contenders over the coming months.

You can watch the documentary – Newcastle United: The Road Back To Europe on Shots! TV here