According to Daily Mail’s Craig Hope, Newcastle United have a 30% sell-on clause on Peterborough striker Ivan Toney, and are set to land around £3 million if he joins English Championship side Brentford for £10 million this summer.

Some good news for NUFC… I’m told they have a 30% sell-on clause for Ivan Toney, so they should pocket around £3m if he joins Brentford for £10m, as reported. Straight into the striker fund, you’d assume.

— Craig Hope (@CraigHope_DM) August 27, 2020

The 24-year-old joined Newcastle from League Two side Northampton in 2015, but made only four substitute appearances in all competitions for the Magpies before leaving for Peterborough in August 2018.

He hit the ground running at the club, scoring 16 league goals in 44 games in 2018-19 and bagging 26 goals in 39 games across all competitions for the English League One last term, leading Brentford to splash £10 million on his signature.

BREAKING: Brentford have £10m bid accepted for Peterborough’s Ivan Toney

The deal is £6.5m up front plus add ons.

– talkSPORT sources understand.