Celtic have reportedly seen a bid of £4million rejected by Peterborough United for Ivan Toney according to the Daily Mail.

Toney is a player attracting significant demand heading into the summer transfer window, after impressing in League One with Posh.

The forward scored 26 goals in 39 appearances for Peterborough in all competitions during the 2019/20 season, which has seen the likes of Celtic register their interest in landing his signature.

Championship side Brentford are also interested in signing the former Newcastle United striker ahead of the 2020/21 season, with it previously being claimed that the Bees were on the verge of completing a deal to sign the forward.

Peterborough chief Barry Fry has recently revealed to the Daily Mail that a bid had been received from Celtic, but any agreement is way off being in place due to their valuation of Toney.

"We received a bid for Ivan from Celtic on Friday and we turned them down flat. What's it going to take to get him? It will take a lot more than Celtic offered.

"It's their first bid, so I don't know, they might come back. I know Celtic are after another striker down here as well. But if we keep Toney and get to the Championship that's worth £12.5m to us. I've told the lad that."

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The Verdict: 

I'd be stunned if he remained a Peterborough United player.

Toney was brilliant for the League One side this season, and I'm not surprised to see that he's attracting interest from other teams heading into the summer transfer window.

A move to Celtic could be tempting for Toney, and it'll be interesting to see whether Neil Lennon's side are to submit another offer after seeing their first rejected.

I think it's only a matter of time before the forward leaves Peterborough though.