Alan Hutton has suggested Celtic will have to accept a cut-price deal when selling Kristoffer Ajer this summer.

The former Scotland defender, speaking exclusively to Football Insider, suggested the 22-year-old’s exit would help fund a summer transfer spree.

As reported by the Daily Mail, Newcastle are readying an £8million bid for the 6ft 4in Norway international ahead of the summer.

He is set to enter the final 12 months of his contract at Parkhead this summer.

Unless a new deal can be struck, Celtic know they must cash in or face missing out on a significant windfall this summer.

However, Hutton still suggested Newcastle’s proposed bid was below what Ajer is really worth, especially as Celtic told suitors they wanted £20million for him last year.

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Asked if he thought £8million was too cheap for Ajer, Hutton told Football Insider’s Russell Edge: “Possibly. It’s probably a little bit cheap but when you talk about everything that’s gone on in the last year or two, that’s probably a factor.

“I mean, when you factor in the Covid issues and everything that’s going on. It just seemed like he wanted to go, especially when the AC Milan thing popped up. So I think he’ll probably be one of the players to go that will kind of fund the overhaul of the squad.

“Celtic defensively have not had the best season but, that being said, I think Ajer did do well.

“I think it’s a bit harsh, we know they were vulnerable at set-pieces and they gave away a lot of goals compared to other seasons but he can’t do it on his own.

“He showed versatility when he filled in at right-back, I thought he did excellently well. He’s also got that in his locker.”

Ajer joined Celtic as a 17-year-old for a reported fee of up to £650,000 back in 2016.

He has gone on to establish himself as a first-team mainstay, with 170 appearances under his belt so far.

In other news, an ex-Rangers man has labelled a recent Celtic transfer the “strangest of all time.”