Celtic yet to make new move following rejected bid for EFL hitman

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Celtic certainly look like they mean business in the transfer market.

With the new season getting underway this weekend it seems that Neil Lennon's side are doing everything that they can to ensure the campaign runs as smoothly as possible.

A ninth-straight league title last term has put the Bhoys on the cusp of history, with Neil Lennon's side eyeing a landmark '10-in-a-row' - a feat which will be a huge moment to cap off a period of total domination in Scottish football.

But if they're to do that, they'll need to be ready.

As well as competing for the Premiership title, Celtic have two cups to compete for - as well as facing the challenge of mounting a credible challenge in the Champions League.

Few will expect the Bhoys to reach the latter stages of the competition, but with expectations growing in Glasgow the hope is that they can at least reach the knockout rounds.

However if they're to challenge on all fronts then Lennon will need real depth to his squad.

One area that is continually being monitored is in attack.

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Odsonne Edouard is a player who has constantly linked with a move away as Arsenal and Leicester City continue to be reported as interested.

But in truth the club will need at least one new striker regardless of what happens to the 22-year-old.

Several names have been linked, but none more-so than Ivan Toney.

Reports earlier this week suggested that talks were underway between Celtic and Peterborough United over a move for the League One hitman.

This follows an impressive campaign in which the former Newcastle United man scored 26 goals for the Posh.

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But with no agreement yet reported it seems that there's a notable distance between the two parties as they look to thrash out a transfer fee.

Peterborough United are reported to value the player at £10million, and apart from Celtic's rejected offer of £5million, there's been no concrete movement with regards to a deal for Toney.

Writing in a Q&A with The Athletic, Kieran Devlin said: "Celtic had a bid of £5 million for striker Ivan Toney turned down, with Peterborough seemingly wanting a fee for around £10 million.

"Apart from that, (there's been) plenty of rumours but not sure how much substance is to them."

GIVEMESPORT'S Phil Spencer says...

This seems like a transfer saga that could run for a while longer.

Peterborough United are looking to start some sort of bidding war as they look to get the maximum return for Ivan Toney, and who can blame them?

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The striker is their prized asset and a fee of £10million would go a long way to helping them be sustainable as a football club over the coming years.

Celtic's reported offer of £5million was, in truth, a little bit cheeky and as Peterborough's co-owner Darragh MacAnthony said, they don't want anyone to 'take the mickey'.

If the Bhoys are serious about striking a deal then they'll need to be on their game as various other clubs such as Brentford continuing to be linked.

A move to Parkhead would be hugely appealing, but it's in Neil Lennon's best interests to get a deal done so that they don't lose out on the frontman.

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