Either John Terry or Frank Lampard would be expected to make an immediate impact if they were to be hired as Celtic manager.

That is according to ex-Premier League striker Kevin Campbell, speaking exclusively to Football Insider as rumours swirl about the future of Neil Lennon.

Peter Lawwell is to retire at the end of the season and be replaced by Dominic McKay as Parkhead chief executive, with the new boss’s first point of order widely expected to be appointing a successor to struggling manager Lennon.

This site revealed on 6 February that recently-sacked Chelsea manager Lampard is taking a break from management but will assess his options in the summer and has not ruled out Celtic at that point. 

His former Chelsea teammate John Terry meanwhile, who is currently assistant head coach at Aston Villa, is another name persistently mentioned by fans.

Campbell thinks either prospective manager would have the resources at their disposal to hit the ground running and make Celtic competitive once more.

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Asked whether Lampard or Terry could have the same impact on Celtic as Steven Gerrard has had on Rangers, he told Football Insider correspondent Dylan Childs: “It’s hard to say. 

“You’re looking at both clubs and this is obviously Steven Gerrard’s third season there. If either of these guys, Terry or Lampard, come in you’re looking at them hitting the ground running.

“You look at that Celtic squad and of course they can do it because they’ve won nine-in-a-row. They didn’t quite get to 10-in-a-row but they still won the cup this season, they’ve still got winners in the dressing room.

“So why couldn’t they do what Rangers have done? But whoever does go in there needs to compete.”

Celtic are currently 18 points behind runaway leaders Rangers at the top of the Scottish Premiership.

The Hoops also exited the Europa League at the group stage after winning just one of six matches in the continental competition.

In other news, Nir Bitton has been tipped to be one of the first big-name exits in a transfer mass exodus from Celtic this season.