He's good, he's not elite. We are hoping to compete for the PL and CL titles. We need elite, not good. Look at any of our previous successful teams over the years. You quite simply need an elite striker. Not good, elite. So if there isn't one available, you get a potential one and cover however you can in the meantime while you develop them, and you keep trying til you get them.
Toney would improve us of course, but wouldn't do much for getting us past the 3rd place level now or within the next 5 years. Hojlund might, based on *potential* that the club thinks he has.