Celtic fired Ivan Toney transfer warning as Peterborough chief Barry Fry makes £12.5m claim

dailyrecord.co.uk:

Celtic had an offer rejected and Fry has now insisted it was way short of their valuation of the player. The striker knows Gavin Strachan well because the Celtic first team coach was assistant at the Posh.He's had an impressive season as the club and it's believed Brentford have had a bid accepted for him but Fry expects a second from Celtic.

However, Neil Lennon has been told his club will need to up their bid considerably if they are to get the same chance to speak to the former Newcastle youngster.

Fry told the Daily Mail: "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?