Celtic suffer transfer market blow after manager development 'I've never seen before' - Kieran Maguire

Celtic may suffer in the transfer market as a consequence of waiting so long to appoint a new manager.

That is according to finance guru Kieran Maguire, speaking exclusively after Football Insider revealed that Ange Postecoglou is finalising negotiations to become the next Celtic boss after developments on Thursday afternoon.

A compensation fee has been agreed with his club Yokohama F. Marinos, meaning the Hoops’ 100-day wait to appoint a manager may finally be drawing to a close.

That comes just days after Celtic released a statement revealing that talks with Eddie Howe had collapsed.

Maguire claimed he had never seen anything like this before and that Celtic’s hesitancy in the appointment process could cost them dearly.

He told Football Insider correspondent Adam Williams: “I don’t think I’ve ever seen it before, a club putting out a press release saying ‘Manager X is not coming to us’.

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“They usually try to pretend that nothing has happened.

“It may be the case that they end up leaving things too late and then paying over the odds in terms of transfers. That can happen.

“Celtic look a little bit rudderless at the moment. They’ve got a new chief executive who’s just finding his feet, no director of football and no manager, and this is in June.”

The Parkhead job will be Postecoglou’s first top-flight gig in Europe throughout his 25-year managerial career.

The 55-year-old briefly oversaw Greek lower league side Panachaiki but has spent the bulk of his career in Australia, managing the national team and several A-League sides.

In other news, English pundit backs Ryan Christie to flourish in Premier League amid new transfer link.