Kane has asked to leave the club, per Sky Sports News, and new reports this week suggest that Manchester City have already made a bid for the 27-year-old.
Transfer insider Fabrizio Romano claims that bid could be worth a minimum of £100m to Spurs, while there is also the potential of players being included, from Raheem Sterling to Aymeric Laporte.
Will Harry Kane leave this summer?
Were Kane to leave, Spurs would face a tough task in replacing him after he won both the Golden Boot and the Playmaker award last season.
Toney, though, enjoyed a prolific campaign in the Championship, scoring 31 goals and laying on 10 assists in the second-tier, while also netting twice in three games in the play-offs as the Bees won promotion.
Fry, who sold Toney to Brentford from Peterborough United, claims that David Pleat tried to broker a deal for Spurs last summer to take Toney to north London as back-up to Kane, prior to his move to the newly-promoted outfit, and he believes he would be a superb replacement for Kane.
Speaking exclusively to This Is Futbol, he said: “1 million per cent. He’s good enough. David Pleat was sniffing around last year and he said ‘would we take x number of pounds’ and I said ‘no we won’t’.
“At that time, all he wanted was to have cover for Harry on the bench. I said he’s better than that, he’ll get in anybody’s side.
“And the way Ivan’s gone this year, fantastic, 31 goals, broke the Championship record. I’m sure Brentford will try to keep him, he’s on a four-year contract.”