Arsenal back out of Ivan Toney deal as he's 'too expensive' (reliability: 4 stars)

According to ESPN, Arsenal are no longer expected to sign Ivan Toney this month despite desperately needing a striker.

Brentford are demanding over £80 million for Toney, leaving Arsenal baulking at their price tag.

The Gunners value Toney more modestly and do not believe he's worth an eye-watering amount of money.

As a result of the potential transfer being 'too expensive', Arsenal are now backing out from the deal entirely.

That leaves our arch-rivals Chelsea a clear path to potentially signing the English striker.

ESPN adds Arsenal are looking at other options in the market but there is decreasing optimism over signing anybody.

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