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Sold for £650k, Newcastle flop Ivan Toney is enjoying a stunning season

Newcastle manager Rafa Benitez reacts on the touchline during the Premier League match between Newcastle United and Wolverhampton Wanderers at St. ...
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Ivan Toney made just two Premier League appearances for Newcastle United before he was sold to League One outfit Peterborough.

Ivan Toney of Peterborough United celebrates scoring his sides first goal during the Sky Bet League One match between Oxford United and Peterborough United at Kassam Stadium on February 16,...

Somehow, Newcastle United managed to make a healthy profit on Ivan Toney last summer.

A 2015 signing from Northampton Town, Newcastle took a punt on a teenage Toney four years ago but his spell at St James’ Park proved to be rather forgettable. The striker made just four appearances for The Magpies, failed to score a single goal, and was ushered out of the back door in August after a series of loan spells in the lower leagues.

According to The Chronicle, Toney joined Peterborough United for £650,000 last year – a cool £400,000 more than Newcastle paid for him in the first place.

On paper, that looked like good business. But, on second viewing, perhaps not. Because Toney has enjoyed a remarkable debut season at London Road, scoring a hugely impressive 19 goals in all competitions for the League One outfit.

Ivan Toney of Peterborough United celebrates after scoring a goal to make it 1-1 during the Sky Bet League One match between Peterborough United and Bradford City at ABAX Stadium on...

Suddenly, £650,000 is looking like a real bargain for a Peterborough side who had a real challenge on their hands replacing the influential Jack Marriott in the summer when he left The Posh behind to join Derby County.

Is this a case of Newcastle letting a goalscoring star slip through their net or has Toney merely found his level?

Newcastle United's Welsh defender Paul Dummett (R) celebrates with Newcastle United's English striker Ivan Toney (L) after scoring Newcastle's  third goal during the English Premier League...