Toney was linked with a move away in the January window despite only returning from an eight-month ban for breaching the Football Association's betting regulations.
While Arsenal and Chelsea were among those who were credited with an interest, a move failed to transpire before the transfer deadline passed.
Despite remaining with the Bees, Toney's future continues to draw much speculation, with his deal set to expire in June 2025.
As a result of Toney's contract situation, the upcoming summer transfer window could present Brentford with one final chance to obtain a significant fee for one of their prized assets.
Dykes make Toney transfer admissionA recent report claimed that Manchester United are prepared to rival Arsenal and Chelsea for Toney's signature ahead of the 2024-25 season.
With Toney attracting plenty of interest, Dykes has conceded the 28-year-old could leave this summer, but only if «Brentford's terms» are met.
«Well, we've got to be honest and open with ourselves, like we were last summer with David Raya,» Dykes told The United Stand. «We signed players, and we're honest with them, and they're honest with us that maybe the time may come for them to go on to bigger and better levels than ourselves.
»Ivan is in a similar situation to what David was in. He's got aspirations to play at a higher level, which is fine, but it's got to be on Brentford's terms, obviously.
«And we've got to do it as a recruitment department, and it's particularly my role. I've just got to be ready to know that there may be a situation where we're looking to bring somebody in if Ivan leaves the club, but
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