Toney has established himself as one of the Premier League's best centre-forwards since the Bees got promoted to the English top-flight two years ago, registering 20 league goals and four assists last term. But the England international is currently suspended, with the FA handing the 27-year-old an eight-month ban from football back in May due to betting offences.
But that has not stopped him from being linked with a move away from the west London club so football.london has rounded up everything that has been reported on the prolific frontman's future below.
New price tag
Brentford are prepared to receive new bids in January for striker Ivan Toney and according to the Times, they've set a new price tag in that eventuality. The England international, who is banned from action until December, is valued at £80million by the Bees if teams are looking to land him.
Next steps
Toney has now admitted that he wants to one day play for an elite club but remained coy regarding talk of a move away from the west London club.
Speaking about rumours regarding a move away from the Bees, Toney told the Diary of a CEO YouTube podcast: "I don't let this all affect me. Obviously, it will go on in the background but my job is to keep training well when I get the chance. In the games, keep scoring and doing well but I think that everybody wants to play at the top of the tree.
"Not that Brentford aren't there, but I feel like playing for a big club, fighting for trophies, these kind of things, everybody wants to do. If the chance was to come along, I think I would be silly not to look more into it."Arsenal admission
Toney admitted his admiration for Arsenal when asked about supporting Liverpool growing up. When speaking about being a Reds fan he told the Diary of a CEO YouTube podcast: "Yeah, I've been a Liverpool fan my whole life but from young I've liked Arsenal.
"I've liked watching Arsenal from how they play and kind of how passionate (their) fans are."
January swoop considered
According to The Independent, both Chelsea and Tottenham are prepared to go head-to-head to try and sign Toney in the January transfer window as both London clubs look to bolster their attacking options.
It is claimed that the Blues are still in the market for goalscorers despite bringing in Jackson earlier this summer whilst Spurs are also looking to replace Kane.
Chelsea twist
Chelsea had been linked with a move for Toney earlier this year but the Evening Standard reported back in May that his ongoing ban ended their summer pursuit of the England international.
The Blues ended up recruiting Nicolas Jackson from Villarreal instead, although it remains to be seen if that means their long-term interest in Toney has now ended, or if they merely have shelved a potential move until his ban is served.
Tottenham claim
Former Arsenal and Liverpool winger Jermaine Pennant claimed back in May that Toney would be the perfect successor to Harry Kane if the England captain ended up leaving Tottenham this summer.
Since then, Kane has decided to join Bayern Munich, leaving Spurs short of options in attack. Speaking about Toney's potential valuation, Pennant told talkSPORT: "£100million is fair.
"The reason being, if you look at Jack Grealish, he cost £100million from Aston Villa. Strikers are at a premium. You always pay more for strikers, then you get an English premium added onto that as well. With all those combined, then you are looking at £100million.
"If you look at the best stats for an English striker, he is just shy behind Harry Kane. He is England’s number two. He’s similar to Harry Kane himself. If Kane was to leave in the summer, then I think a perfect fit would be Ivan Toney, without a shadow of a doubt."
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