The England international was heavily linked with the Gunners in January, but they were put off by the £100m asking price.

The Bees recently reduced his valuation to around £70m and they have now lowered the price tag further to invite transfer bids.

Toney's current deal with the club expires in June next year and the hierarchy don't want to lose him on a free transfer agreement.

Hence, they are now prepared to accept £50m or less for the 28-year-old, who has made the decision to pursue a bigger challenge.

Arsenal are long-term admirers of the Englishman and they could be tempted to return for him due to the low price tag.

Manchester United are also keen on the marksman, but their chances of signing him depend on funds recouped from sales.

West Ham are likewise admirers of the experienced forward.

Related

---