Celtic manager Neil Lennon has refused to quit the club despite pressure from the media and fans – and it is because of financial reasons, claims Frank McAvennie. 

Speaking exclusively to Football Insider, the Parkhead legend said that the 49-year-old “is not going to walk away from all the money” he would earn from seeing out his contract or being sacked.

Lennon’s position at the club has come under severe scrutiny with supporters angered by what they have seen both on and off the pitch.

However, the Hoops boss insisted that he would not walk away from the job and told Celtic they would need to sack him if they wanted a new manager in.

McAvennie is worried about Lennon’s legendary status at the club if he continues in the job longer.

“Listen, Lenny is not going to quit,” he told Football Insider.

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“He is not going to walk away from all the money. If Celtic do not want to sack him then that is fine, he is going to stay there.

“I feel for him though, I am worried about his legacy. He is such an icon at the club and I do not want to see him going down this road.

“We keep hoping he is going to turn it around but I do not think that team is good enough.”

Speaking after the 2-2 draw at Livingston in midweek, Lennon said: “I won’t walk away, absolutely not.

“I’ve put too much into this. Too much of my life. And a month ago we won the treble.”

In other news, a former Celtic favourite has revealed his fury with a current Parkhead striker.