By Wayne Veysey

27th May, 2020 | 4:00pm

Sources: Major update on Celtic bid to sign Forster

Celtic will tell Fraser Forster he will have to take a pay cut to sign permanently this summer, Football Insider understands.

Manager Neil Lennon revealed last week that he is very keen to convert the giant goalkeeper’s 2019-20 loan into a full-time deal.

A Celtic source has told Football Insider that club chiefs will pull out all stops to re-sign Forster but will not be able to get close to his current Southampton salary.

The Englishman has two years remaining on his deal with the Premier League club, said to be worth £70,000-a-week.

That is double the pay of Celtic’s top earners, who include the likes of Scott Brown, Callum McGregor and Christopher Jullien.

Given Forster’s likely cost of around £10million, Lennon faces major obstacles to land him even if Southampton are willing sellers.

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Significantly,he is unlikely to want to stay at St Mary’s Stadium unless he is the number one, a position that had been held held by Alex McCarthy, 30 before the lockdown.

The Premier League club also have high hopes for Angus Gunn, 23, who was first choice earlier in the season before losing his place.

Forster, 32, had not been in Ralph Hasenhuttl’s plans and slipped to third in the keeper pecking order before his loan to Celtic began last August.

Forster has played some of the best football of his career in his second spell at Parkhead.

He was integral to their successful title defence and delivered one of the outstanding individual displays of the season in last December’s Scottish League Cup win against Rangers.

In other Celtic news, it can be REVEALED that the imminent Newcastle takeover is bad news for Hoops after major BBC update.