By Editor Wayne Veysey | Former Evening Standard, Press Association and Goal chief correspondent with 17 years experience of breaking big stories, including exclusives like this
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The Fulham sensation will undergo a medical and put pen to paper on a shock switch to the Scottish giants.
Celtic have been able to secure the France Under-20 international for compensation fee of just £250,000 as his Fulham contract expires at the end of the month.
The signing of Dembele is manager Brendan Rodgers’ first for the club and represents a huge coup as some of Europe’s biggest clubs have been monitoring the youngster.
The 19-year-old was hailed as the next Thierry Henry when he joined Fulham from Paris Saint-Germain in 2012 initially on a three-year contract. The deal was extended by a further 12 months last summer when both parties decided to trigger the option of a 12-month extension.
Dembele had a medical at Tottenham in the January transfer window but the deal collapsed and he returned to west London.
Tottenham were thought to be keen on a return for Dembele once his contract expires at the end of the month, but there has yet to be a fresh approach from Spurs for the striker.
Fulham will now only recoup the £250,000 fee they paid for the Frenchman due to Fifa rules for players moving overseas as opposed to staying in England.
In other Celtic news, the Scottish giants have been told to increase their offer for a key Premier League target.