Exclusive: Celtic face losing seven senior stars, ex-pro view: ''The money's not there anymore'

Celtic are set for a huge summer overhaul with seven first-team stars out of contract or due to return to their parent club.

That is according to Alan Hutton, speaking exclusively to Football Insider correspondent Dylan Childs about what lies in store for the Hoops in the upcoming transfer window.

As reported by Football Insider, the Hoops are ready to appoint the ex-Everton and Leicester City talent spotter Gary Penrice as part of an overhaul of their recruitment set up.

It is headed by Nick Hammond, who replaced former head of recruitment Lee Congerton when he joined Leicester City last summer.

Players such as Fraser Forster, Mohamed Elyounoussi, Craig Gordon, Jonny Hayes, Daniel Arzani, Moritz Bauer and Calvin Miller face the prospect of never pulling on the hoops again.

Moreover, Celtic could be forced to replace some of their prize assets, with Odsonne Edouard in particular attracting huge interest from south of the border.

"There is a lot of players in there that could be going back to their clubs from loans or getting sold," Hutton told Football Insider. "Big positions to fill.

"The money is not there to spend anymore, yes they will spend £10million here or there but it is about trying to find a diamond in the rough. The scouting department is a massive part of Celtic."

Gordon, Hayes and Miller are out of contract at the end of the season with talks on hold due to the ongoing coronavirus pandemic.

Forster (Southampton), Mohamed Elyounoussi (Southampton), Daniel Arzani (Man City) and Bauer (Stoke) are owned by leading clubs down south.

In other Celtic news, scathing new Rangers statement leaves pundit aghast as Hoops stay silent.