UPDATE: Arsenal could sign Ivan Toney for £60m after taking a big advantage in the transfer bɑttle with Chelsea and Tottenham

Arsenal and Chelsea have reportedly joined the early race to sign Ivan Toney in January.

The Brentford striker is in the middle of serving an eight-month ban for breaches of the FA’s betting regulations.

However, the suspension has seemingly not put off any potential suitors for Toney, who may well leave Brentford in the near future.

The 27-year-old will not play again until January, but he has returned to training this week, after that specific suspension was served.

The Mirror claims that Toney is set to leave during the winter transfer window, with the forward having just 18 months left on his contract at the club.

Therefore, the report states that Chelsea, Arsenal and also Tottenham Hotspur will be in the market for the player.

Manchester United’s recent purchase of Rasmus Hojlund from Atalanta has seen them cool their interest in the player though.

Meanwhile, Arsenal is the closest team to Ivan Toney right now, the Brentford striker expressed his admiration for Arsenal’s playing style, and he also likes the fans here.

When participating in the Diary podcast, Toney said: “Since I was a child, I have liked Arsenal. I like watching Arsenal from the way they play and the way the fans cheer passionately on the field.”

Brentford are said to value Toney at £60m despite his contract situation, and that is seemingly not putting off any of the Premier League elite either.

Toney has scored 32 Premier League goals in two seasons at Brentford, as well as 33 in his one season in the Championship with the Bees in 2020-21.

Brentford manager Thomas Frank appeared on Sky Sports Monday Night Football this week and spoke on the future of Toney.

Frank revealed Brentford would be open to selling Toney, only if their valuation is met though, admitting: “We are a selling club, if the right price is there.”

The manager also alluded to the lucrative fees that have been spent on midfielders this year, claiming that strikers are the most valuable players in a team, therefore stating he believes Toney to be in a price bracket potentially just as high.

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