Premier League giants Chelsea are ready for a three-way battle with Arsenal and Tottenham for Ivan Toney.

The Brentford forward wants to play for a club that is in the Champions League this or next season.

Arsenal would fit the bill in this instance, but Spurs and Chelsea still have a chance to sign Toney.

Per The Sun, Chelsea know the £100 million-rated forward will not be easy to acquire.

Not only are Brentford eager to hold onto Toney, but his scoring prowess and nationality mean he is a big money prize.

The 27-year-old scored 21 goals last season and was in the England squad before his betting ban, which ends in mid-January.