Frank McAvennie insisted that Peterborough’s Ivan Toney is overpriced at £9million and was adamant that Celtic would not pay “stupid money” for the striker.

The Hoops legend, speaking exclusively to Football Insider correspondent Dylan Childs, claimed that Neil Lennon does not need another centre-forward if Leigh Griffiths keeps fit.

Peterborough’s Director of Football, Barry Fry, warned the Hoops that they are running out of time to sign Toney, 24.

The striker scored 26 goals in 39 appearances for The Posh last season as they narrowly missed out on the League One play-offs.

McAvennie suggested he had doubts over Toney given how many clubs he has already been at despite being relatively young.

“Peterborough want £9million for Toney,” he told Football Insider. “That is stupid wanting that kind of money.

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“He has been around for a long time and he has been loaned out more times than he cares to remember. When a player has been around, loaned out, it makes you wonder.

“He found a level last year that was great but I just do not think Celtic would pay £9million for him. I think he could come up and do it at Celtic but I just think he is overpriced.

“If Griff keeps fit, he will be back in the fold. £5million would be a great move at a good price.”

When speaking on Toney’s future last night, Fry told the Daily Mail: “They are running out of time now. The lad is very close to signing for someone else in the next couple of days.

“Celtic would have been his preferred choice, but they are nowhere near it. I heard from Ivan’s agent to say Celtic were coming back… but I haven’t heard anything.”

In other Celtic news, Noel Whelan has told Football Insider strikers are to ‘Scrap’ after significant Lennon update.