Brownlow Medallist Adam Cooney has put a line through Collingwood's season, declaring they can no longer win the premiership.

The Pies have fought admirably all season despite enduring a plethora of injuries to key players, but tumbled out of the top four last night following their narrow two-point loss to the Swans.

And with swingman Darcy Moore becoming their latest casualty during Saturday night's clash with yet another hamstring strain, Cooney said that Nathan Buckley's team have reached their breaking point.

“I don’t think they can win it now, Collingwood,” Cooney told the AFL Nation pregame show.

“We thought they were at the tipping point after the Adam Treloar injury and now they’ve lost another few players and now Darcy Moore’s gone down.

“They just don’t have enough quality left down there.”

SEN chief broadcaster Gerard Whateley added that Moore, who is out of contract, is in no position to be commanding top dollars from Collingwood given his health concerns.

“(The injuries) are why Collingwood can’t pay him a big contract, he hasn’t done it at Collingwood,” Whateley said.

“It’s much easier to pay him from the outside to pull him away from Collingwood, but it’s far more difficult to pay him big dollars at Collingwood.

“We’re a couple of years now since he’s shown the glimpses of what he might be. He doesn’t command the top dollars at Collingwood, no way.”