Peterborough United Director of Football Barry Fry has confirmed that the club are set to receive millions across the next season due to the clauses included in the deal to sell Ivan Toney to Brentford.

The striker was sold last summer for an initial £5m and has gone on to enjoy a terrific campaign with the Bees as they won promotion to the Premier League.

Toney made a total of 45 appearances in the Championship and scored 31 goals, while also laying on 10 assists, and he was on the scoresheet as Brentford beat Swansea City in the play-off final to seal their promotion.

Fry has previously revealed that Posh landed a £1m windfall because of their rise into the top-tier and he has now told The Transfer Tavern that there will be plenty more money filling the Posh’s coffers over the next few months.

Indeed, he has confirmed there is a sell-on clause, meaning Posh will get a percentage of any fee if he does leave this summer, and there are also clauses for Toney scoring goals and playing games for Brentford next season.

Speaking exclusively to TT, he said: “Going on next season we’ve got a sell-on, so if they do sell him we’re laughing.

“If they don’t sell him, we’ve got a lot of money on games, we’ve got a lot of money on goals, we’ve got a lot of money on Brentford retaining their Premier League status so we’re still in clover with Ivan, it’s an ongoing thing that we’ll get more millions so I’m delighted.”