Arsenal and Chelsea handed Ivan Toney transfer boost ahead of January window

Arsenal and Chelsea have received some encouraging news regarding one of their mutual transfer targets - Brentford have recently conceded that star striker Ivan Toney could leave the club 'very soon' as interest in the player reaches its crescendo.

Despite this, he certainly will not come cheap. Some sources believe that the Bees will demand a figure of around £100 million for his services - meanwhile, others think he could be sold for a fee closer to £80 million. The Gunners and the Blues have both demonstrated that they are willing to shell out enormous fees for their transfer targets - Arsenal signed Declan Rice for £105 million, while Chelsea snapped up Moises Caicedo for £110 million.

On Toney's availability, Brentford director Lee Dykes said: "There should be interest, and maybe the time comes very shortly that Ivan moves on to another club. But they will have to pay a decent transfer fee to acquire his services because he is some talent. There’s a real ambition from him and I can see in his eyes that he’s going to be better than he’s ever been. I really believe that will be the case."

Who else is interested in a move for Ivan Toney?

It is no exaggeration to call Toney one of the most coveted players in the Premier League as things stand. He has also been linked with a move to Manchester United and Real Madrid, though it seems Arsenal and Chelsea are leading the charge for now. These things can change in an instant in modern football, however.

A move to Arsenal or Chelsea makes a lot of sense for the former Newcastle United academy graduate. Both teams are in the hunt for a world-class striker - Toney would be able to fulfil this role perfectly, if his goalscoring record in the Premier League is anything to go by.