Ivan Toney was sold by Newcastle United to Peterborough in 2018.
Peterborough United striker Ivan Toney has been attracting interest from Premier League level clubs, but a smart bit of business will give Newcastle United a financial boost should he leave this summer.
The owner of the League One side has confirmed that the Magpies have a ‘very large’ sell-on clause in Toney’s contract, after selling him for just £648k in 2018.
The 23-year-old is flying in England’s third-tier, scoring 21 goals in just 30 outings for the Posh. He’s also assisted his teammates on five occasions.
Bournemouth is apparently lining up a £13m pound summer swoop for the League One striker, which could mean a sizeable boost to the Magpies transfer budget (The Sun).
Right now the exact percentage of Newcastle’s sell-on clause is unknown, but even if it was around 20% – Steve Bruces’ side could be in for a cheeky £2.6m boost.
But 20% could be a little on the conservative side, as the Peterborough owner stated that the size of the sell-on clause was ‘very large’ – but is that very large for a League One side or a Premier League side?
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