Incoming chief executive Dominic McKay is set to overhaul the “entire business model” at Celtic. 

That is according to finance expert and Football Insider columnist Kieran Maguire, speaking exclusively after Celtic announced that McKay would join the club on 19 April, 10 weeks sooner than originally billed.

Outgoing chief exec Peter Lawwell will remain in his role until 30 June in order to assist with the transition.

Lawwell has been in his position for 17 years and many fans accused his regime of being asleep at the wheel throughout a period of unprecedented sporting dominance.

Maguire explained that McKay’s early arrival is a sign that sweeping changes are imminent.

He told Football Insider correspondent Adam Williams: “If you look at any business, the culture of the business is determined at the top.

Subscribe to Football Insider TV now

“Dermot Desmond is not a hands-on owner. With Peter Lawwell going and the manager going as well, there’s a bit of a vacuum.

“Celtic have got to start planning for the post-Lawwell era. They’ve also got to plan for a post-Neil Lennon era.

“This season has clearly not been successful. Celtic’s entire business model will now be challenged to an extent.”

McKay is vacating his position as chief operating officer for Scottish Rugby to step into Lawwell’s shoes at Parkhead.

He will be hoping to restore Celtic to the pinnacle of the Scottish Premiership after they were dethroned by Rangers for the first time in a decade in 2020-21.

In other news, Celtic defender Jonjoe Kenny “furious” with teammate who “needs to go.”