Sources: Postecoglou to be announced the new Celtic manager after compensation agreed

Celtic are free to appoint Ange Postecoglou as their new manager after agreeing compensation with his club Yokohama F. Marinos today, Football Insider can exclusively reveal.

The Hoops have settled on a six-figure sum to the Japanese side that will buy the 55-year-old out of his contract.

A Celtic source has told Football Insider the door is now open for them to secure Postecoglou to a contract and name him as their new manager.

The Scottish giants could make an announcement in the next 24 hours.

Talks have been finalised, which this site reported on yesterday, after it emerged last Saturday (29 May) that Postecoglou had asked permission to quit Yokohama following Celtic’s offer.

The Glasgow giants made the Greek-born Australian their top choice after negotiations with long-term target Eddie Howe broke down.

Subscribe to Football Insider TV now

A statement from the club last Friday claimed a formal agreement could not be reached “for reasons outside both his and Celtic’s control”.

The club are now set to finally bring their fraught and interminable search for a permanent successor to Neil Lennon to an end.

Postecoglou has had a successful 25-year managerial career but his only experience in Europe was in Greece’s third-tier in 2008.

 

He has been in charge of Yokohama F. Marinos for four-and-a-half years and led them to the J1 title in 2019.

The 55-year-old is best known for his spell as Australia’s manager where he guided them to the 2014 World Cup and their first Asian Cup title in 2015.

In other news, Celtic have made a move to sign a Premier League 24-year-old who’s just had the best season of his career.