The Premier League footballer, who plays for Brentford in England, has been suspended with immediate effect after confessing to 232 violations of the Football Association's (FA) betting rules.

The ban is effective until (and includes) January 16, 2024. The football body has also fined Toney £50,000 ($62,000) and issued a "warning regarding his future conduct."

The FA said in a statement: "The Brentford FC forward was charged with 262 breaches of FA Rule E8 between February 25, 2017 and January 23, 2021." The FA later removed 30 of the infractions, and he admitted to the remaining 232.  

"His punishments were later imposed by an independent Regulatory Commission after a personal hearing. He is authorised to return to training with his club only for the final four months of his suspension, which begins on September 17, 2023.

"The independent Regulatory Commission's written reasons for these sanctions will be published in due course, and The FA will wait to review them before commenting further."

Toney admitted in March that he had infringed FA rules, making a ban like this seem probable.

Brentford will be without their star striker for the start of next season following the confirmation.

Other Premier League footballers who have met a similar fate in recent years include Daniel Sturridge in 2018 and Kieran Trippier in 2020. Interestingly, Trippier received a greater punishment but a shorter ban.